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Gold Price Update: Gold breaches 56K mark, Silver close to Rs 70,000

Gold Price Update: In the new year 2023, if you are also planning to buy gold, silver or its ornaments, then there is important news for you. Today, if the price of gold increases, then it will cross the all-time high record of its price of 56200. On Wednesday, gold closed at Rs 56142 per […]

Edited By : Divya Richa | Updated: Jan 5, 2023 11:24 IST
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Gold breaches 56K mark

Gold Price Update: In the new year 2023, if you are also planning to buy gold, silver or its ornaments, then there is important news for you. Today, if the price of gold increases, then it will cross the all-time high record of its price of 56200. On Wednesday, gold closed at Rs 56142 per 10 grams. That is, gold is being sold just Rs 58 below its all-time high, in such a situation, if there is an increase in the price of gold today, today it can create a new record of price.

For the last several months, the period of continuous increase in the price of gold and silver is going on. On the third day of the first trading week of the year 2023, along with gold, a rise in prices was recorded. On Wednesday, gold became costlier by Rs 561 per 10 grams, while the price of silver rose by Rs 149 per kg.

After this, on Wednesday, gold reached beyond Rs 56000 per 10 grams. So silver jumped up and closed near Rs 70,000 per kg. After this boom, people now have the opportunity to buy gold at a cheaper rate of Rs 58 per 10 grams and silver at more than Rs 10,600 per kg. If the experts of the bullion market are to be believed, then the period of increase in the prices of gold and silver may continue.

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On Wednesday, gold (Gold Price Update) closed at a level of Rs 56142 per kg with a gain of Rs 561 per 10 grams. Whereas on the last trading day on Tuesday, gold closed at a level of Rs 55581 per 10 grams with a gain of Rs 418 per 10 grams.

On Wednesday also, along with gold, a rise in the price of silver (Gold Price Update) was recorded. Silver became costlier by Rs 149 and closed at Rs per kg. Whereas on Tuesday, the silver rate climbed at the rate of Rs 878 per kg and closed at the level of Rs 69227 per kg on Tuesday.

14 to 24 carat gold rate

Thus, on Wednesday, 24 carat gold became costlier by Rs 561 to Rs 56142, 23 carat gold became costlier by Rs 558 to Rs 55917, 22 carat gold by Rs 514 to Rs 51426, 18 carat gold by Rs 421 to Rs 42107 and 14 carat Gold became costlier by Rs 328 and closed at Rs 32843 per 10 grams.

Gold down by 58 and silver by Rs 10600 from all-time high

Gold is currently selling cheaper than its all-time high by Rs 58 per 10 grams. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 10609 per kg. The all-time high level of silver is Rs 79980 per kg.

Do not delay in buying gold

According to the experts of the bullion market, after Kharmas, there is still a lot of time left in the wedding season along with Makar Sankranti on January 14. In such a situation, the phase of rise in the price of gold and silver will continue in the coming days. Also, these people say that soon in the new year 2023, the price of gold will reach near or beyond its highest level. In such a situation, if you have a wedding here too and you want to buy gold, then buy it as soon as possible. So that you can get some benefit.

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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.

Read More :- Latest Business News

First published on: Jan 05, 2023 06:30 AM IST
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