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Gold Price Update: Gold, jewellery sale picks up pace; rate slips? know details

Gold Price Update: Sunday saw huge footfall in the gold market as wedding season ia at the corner. Coustomers gather in a large number at the shop for jewellery  shopping. For the past several days, gold and silver prices have been steadily rising. Gold and silver prices have risen as the wedding season approaches. Gold […]

Edited By : Divya Richa | Nov 13, 2022 06:13 IST
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Gold Price Update: Sunday saw huge footfall in the gold market as wedding season ia at the corner. Coustomers gather in a large number at the shop for jewellery  shopping. For the past several days, gold and silver prices have been steadily rising. Gold and silver prices have risen as the wedding season approaches. Gold and silver prices rose on Friday, the fifth and last trading day of this trading week. On Friday, while gold increased in price by Rs 667 per 10 gram, silver increased in price by Rs 154 per kilogram.

Following that, gold is sold at Rs.52300 per 10 gram and silver at Rs.61400 per kilogram. Despite the increase, you can currently buy gold for less than Rs 3900 per 10 gram and silver for less than Rs 18600 per kg.

Following this rise, Gold (Gold Price) finished at Rs 52281 per kg on Friday, the fifth and last day of this business week. Gold’s price remained unchanged on Thursday’s penultimate trading day. Gold closed at Rs 51514 per 10 gramme on Thursday.

14 to 24 carat gold price

As a result, 24 carat gold increased in price by Rs 667 to Rs 52281, 23 carat gold increased in price by Rs 664 to Rs 52072, 22 carat gold increased in price by Rs 702 to Rs 47889, 18 carat gold increased in price by Rs 675 to Rs 39211, and 14 carat gold increased in price by Rs 675. Gold increased in price by Rs 448 and finished at Rs 30584 per 10 gramme.

On Friday, the price of silver rose, as did the price of gold. The price of silver rose by Rs 154 to Rs 61354 per kilogramme. Silver, on the other hand, decreased by Rs 350 per kg on Thursday, closing at Rs 61200 per kg.

Gold is down Rs 3900 and silver is down Rs 18600 from all-time highs

Gold is currently selling for approximately Rs 3919 per 10 grammes less than its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten kilos. At the same time, silver was falling in price, falling to around Rs 18626 per kilogramme from its peak. The highest price of silver ever recorded is Rs 79980 per kilogramme.

Know the 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.

Know the purity of gold like this

If you now want to check the purity of gold, 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.

 

First published on: Nov 13, 2022 06:13 AM IST

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