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Gold Price Update: Gold glitters, silver shines, know latest rate of 14 to 24 carat

Gold Price Update: Important news for gold and silver buyers. After rolling continuously for the last three days, gold and silver were seen to be stable on Wednesday. Gold and silver prices have registered a rise once again on Thursday. On Wednesday, gold rose by Rs 173 per 10 grams and silver by Rs 382 […]

Edited By : Divya Richa | Updated: Feb 9, 2023 10:40 IST
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Gold glitters

Gold Price Update: Important news for gold and silver buyers. After rolling continuously for the last three days, gold and silver were seen to be stable on Wednesday. Gold and silver prices have registered a rise once again on Thursday. On Wednesday, gold rose by Rs 173 per 10 grams and silver by Rs 382 per kg. The good thing is that despite this rally, gold is selling below the psychological level of Rs 58,000 per 10 grams and silver at Rs 680,000 per kg. At present, gold has started selling below Rs 57538 per 10 grams and silver below Rs 67516 per kg.

On Wednesday, on the third day of this trading week, a rise in the price of gold as well as silver was recorded. On Wednesday, gold (Gold Price Update) became costlier by Rs 173 per 10 grams and closed at Rs 57538 per kg. Whereas on the last trading day on Tuesday, gold fell by Rs 90 per 10 grams and closed at Rs 57365 per 10 grams.

On Wednesday, along with gold, a rise in the price of silver (Gold Price Update) was also recorded. On Wednesday, silver gained Rs 382 to close at Rs 67134 per kg. Whereas on the last trading day on Wednesday, the silver rate fell by Rs 472 and closed at Rs 67134 per kg.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 9, 2023: CHANGE IN FUEL PRICE? KNOW RATES OF YOUR CITY HERE

14 to 24 carat rate

After this rise, 24 carat gold became costlier by Rs 173 to Rs 57538, 23 carat gold by Rs 173 to Rs 57308, 22 carat gold by Rs 159 to Rs 52705, 18 carat gold by Rs 130 to Rs 43154 and 14 carat gold by Rs 130. Gold being costlier by Rs 101 is trading at Rs 33660 per 10 grams.

Gold down by Rs 1300, silver by Rs 12400 from all-time high

After this fall, gold is selling cheaper by Rs 1344 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 12464 per kg. The all-time high level of silver is Rs 79980 per kg.

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Know price through 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.

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

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 :- PETROL, DIESEL PRICE ON FEBRUARY 8, 2023: CHANGE IN FUEL PRICE? KNOW RATES OF YOUR CITY HERE

Buy hallmark gold

While buying gold, customers must take care of its quality. Gold ornaments should be bought only after seeing the hallmark. Hallmark is a government guarantee for gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines hallmarks. The Hallmarking Scheme is governed by the Rules and Regulations under the Bureau of Indian Standards Act.

Read More :- Latest Business News

First published on: Feb 09, 2023 08:31 AM IST
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