Gold Price Update: The new business week is starting from Monday. In wedding season if you are also planning to buy gold and silver, then there is very good news for you. You have an opportunity to buy gold at cheaper rate of Rs 2,900 per 10 grams from its all-time high rater and silver at a rate cheaper of Rs 15,600 per kg.

For the last several weeks, a steady rise in the prices of gold and silver was being recorded. But for the last three weeks there has been a softening in the prices of gold and silver. Gold became cheaper by Rs 218 per 10 grams and silver by Rs 169 per 10 grams on Friday. Everyone’s eyes will be on the rate of gold and silver on Monday.

New rate will be released today after two days

Actually, the new business week is starting from today. Today is the first day of the new business week. Earlier, in the last trading week, there was a rise in the price of gold as well as silver in the bullion market. In such a situation, today everyone’s eyes will be on how gold and silver move in the Indian bullion market on the first day of the new business week.

Read More :- Petrol, diesel price on February 25: Know current rates of fuel in your city here

It may be noted that Indian Bullion Jewelers Association (IBJA) does not issue rates on Saturdays and Sundays except on holidays declared by the Central Government. That is, after the two-day holiday, now the new rate of gold and silver will be released today.

Rate of gold and silver on Friday

On Friday, the fifth and last day of the last trading week, gold (Gold Price Update) became cheaper by Rs 123 per 10 grams and closed at Rs 55957 per kg. Whereas on the last trading day on Thursday, gold was cheaper by Rs 416 per 10 grams and closed at the level of Rs 56080 per 10 grams.

On the other hand, along with gold, a decline in the price of silver (Gold Price Update) was also recorded on Friday. On Friday, silver fell by Rs 851 to close at Rs 64331 per kg. Whereas on the last trading day on Thursday, silver rate was closed at a level of Rs 65182 per kg with a softening of Rs 804.

14 to 24 carat gold rate

After this, 24 carat gold became cheaper by Rs 123 to Rs 55957, 23 carat gold became cheaper by Rs 122 to Rs 55733, 22 carat gold became cheaper by Rs 112 to Rs 51257, 18 carat gold became cheaper by Rs 92 to Rs 41968 and 14 carat gold became cheaper. 72 cheaper and is trading at the level of Rs 32735 per 10 grams.

Gold cheaper by Rs 2900 and silver by Rs 15600 from all-time high

After this decline, gold is selling cheaper by Rs 2925 per 10 grams than its all-time high. Let us tell you that before this, gold had made its all-time high on 2 February 2022. On that day gold had gone up to the level of Rs 58882 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 15649 per kg. The all-time high level of silver is Rs 79980 per kg.

Know the latest gold price by missed call

To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.

Read More :- Petrol, diesel price on February 26: Sunday relief for people; Know current rates of fuel in your city here

Check purity of gold

If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.

24 carat gold is the purest

Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. That’s why mostly 22 carat gold is used in making jewelry or jewellery. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its jewelery cannot be made. That’s why most shopkeepers sell gold in 22 carat.

Read More :- Latest Business News