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Gold Price Update: Double good news! Gold crashes by RS1,300; precious metals lose shine

Gold Price Update: It is double good news for buyers that rate of gold and silver declined in closing rate on Tuesday. After this, gold is being sold below Rs 60,400 per 10 grams and silver below Rs 71,000 per kg. On Tuesday, the second day of this trading week, gold (Gold Price Update) became […]

Gold rate update

Gold Price Update: It is double good news for buyers that rate of gold and silver declined in closing rate on Tuesday. After this, gold is being sold below Rs 60,400 per 10 grams and silver below Rs 71,000 per kg.

On Tuesday, the second day of this trading week, gold (Gold Price Update) became cheaper by Rs 487 per 10 grams and closed at Rs 60342 per kg. While before that, on the previous trading Monday, Gold Price became costlier by Rs 554 per 10 grams and closed at the level of Rs 60829 per 10 grams.

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On Tuesday, along with gold, the price of silver registered a decline. On Tuesday, silver fell by Rs 1803 to close at Rs 70718 per kg. Whereas on Monday, silver became costlier by Rs 737 and closed at Rs 72521 per kg.

14 to 24 carat

24-carat gold is trading at Rs.60,275, 23-carat at Rs.60,034, 22-carat at Rs.55,212, 18-carat at Rs.45,206 and 14-carat at Rs.35,261 per 10 grams. The gold and silver rates of MCX and the international market are tax-free, so there is a difference between the rates of the country’s markets.

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Gold falls by Rs 1300; silver by Rs 9,200 from all-time high

After this, gold is selling cheaper by Rs 1300 per 10 grams than its all-time high. Let us tell you that gold made its all-time high on 13 April 2023. On that day gold had gone up to the level of Rs 61646 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 9200 per kg. The all-time high level of silver is Rs 79980 per kg.

Know latest gold price by giving a 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.

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Written By

Divya Richa


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

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