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Gold Price Update: Gold falls by Rs 1,600; chance to buy gold at cheaper rate

Gold Price Update: Gold and silver prices have registered a decline once again. Due to this, the buyers of gold and silver are looking happy. On Monday, the first day of this trading week, gold (Gold Price Update) became cheaper by Rs 55 per 10 grams and closed at Rs 59,921 per 10 grams. Whereas […]

Gold Price Update: Gold and silver prices have registered a decline once again. Due to this, the buyers of gold and silver are looking happy.

On Monday, the first day of this trading week, gold (Gold Price Update) became cheaper by Rs 55 per 10 grams and closed at Rs 59,921 per 10 grams. Whereas before that, on the previous trading day on Friday, Gold Price became costlier by Rs 389 per 10 grams and closed at Rs 59976 per 10 grams.

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On Monday, along with gold, the price of silver also saw a decline. On Monday, silver became cheaper by Rs 245 and closed at Rs 73432 per kg. Earlier on Friday, silver had become costlier by Rs 175 and closed at Rs 71999 per kg.

14 to 24 carat rate

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24-carat gold is trading at Rs 59,921, 23-carat at Rs.59,682, 22-carat at Rs.54,887, 18-carat at Rs.44,940 and 14-carat at Rs.35,053 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 slip Rs 1600; silver by Rs 6508 from all-time high

After this, gold is selling cheaper by Rs 1725 per 10 grams than its all-time high. Let us tell you that gold made its all-time high on 4 May 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 6508 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 information about continuous updates.

First published on: Jun 13, 2023 08:25 AM IST


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