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Gold Price Update: Gold out from bull’s clutch, falls by Rs 2,700

Gold Price Update: Gold and silver on Tuesday registered a rise on the second day of this business week. Even after this, gold has climbed up to Rs 58,900 per 10 grams and silver has reached close to Rs 70,900 per kg. On Tuesday, the second day of this trading week, gold (Gold Price Update) […]

Edited By : Divya Richa | Updated: Jul 12, 2023 11:56 IST
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Gold price update

Gold Price Update: Gold and silver on Tuesday registered a rise on the second day of this business week. Even after this, gold has climbed up to Rs 58,900 per 10 grams and silver has reached close to Rs 70,900 per kg.

On Tuesday, the second day of this trading week, gold (Gold Price Update) became costlier by Rs 210 per 10 grams and closed at Rs 58866 per kg. Whereas before that, on Monday, on the previous trading day, Gold Price became costlier by Rs 70 per 10 grams and closed at Rs 58656 per 10 grams.

On Tuesday, along with gold, the price of silver also registered a rise. On Tuesday, silver became costlier by Rs 197 and closed at Rs 70828 per kg. Earlier on Monday, silver had jumped by Rs 881 to close at Rs 70631 per kg.

Latest 14 to 24 carat rate

On Tuesday, 24 carat gold became costlier and was trading at Rs 58866, 23 carat at Rs 58630, 22 carat at Rs 53921, 18 carat at Rs 44150 and 14 carat at Rs 34437 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 falls by Rs 2,700; silver by Rs 9100 from all time high

After this, gold is selling cheaper by Rs 2719 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 9152 per kg. The all-time high level of silver is Rs 79980 per kg.

Know latest gold 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.

First published on: Jul 12, 2023 07:30 AM IST
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