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Gold Price Update: Gold crashes by Rs 2,000 in wedding season; golden time for buyers

Gold Price Update: Gold on Tuesday evening registered a decline once again and closed at Rs 59,601 per 10 grams. Gold has become cheaper and has come down below 60000 per 10 grams. However, a slight rise has been recorded in the price of silver. At present, silver is being sold around Rs 71,500 per […]

Edited By : Divya Richa | Updated: Jun 6, 2023 08:59 IST
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Gold rate update

Gold Price Update: Gold on Tuesday evening registered a decline once again and closed at Rs 59,601 per 10 grams. Gold has become cheaper and has come down below 60000 per 10 grams. However, a slight rise has been recorded in the price of silver. At present, silver is being sold around Rs 71,500 per kg.

On the first day of this trading week, gold (Gold Price Update) became cheaper by Rs 707 per 10 grams and closed at Rs 59,601 per kg. While before that, on the previous trading Friday, Gold became costlier by Rs 151 per 10 grams and closed at the level of Rs 60308 per 10 grams.

On Monday, in contrast to gold, the price of silver was recorded slightly. On Monday, silver closed at Rs 71462 per kg with a marginal gain of Rs 90. While there was no change in the price of silver on Friday. Silver had closed at Rs 71372 per kg on Thursday.

14 to 24 carat rate

After this, 24 carat gold is trading at Rs 59601, 23 carat Rs 59362, 22 carat Rs 54595, 18 carat Rs 44701 and 14 carat Rs 34867 per 10 grams. Let us tell you that 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.

Gold slips by Rs 2,000; silver by Rs 8500 from all-time high

After this, gold is selling cheaper by Rs 2045 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 8518 per kg. The all-time high level of silver is Rs 79980 per kg.

Know latest gold price by giving 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 information about continuous updates.

First published on: Jun 06, 2023 06:43 AM IST

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