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Gold Price update: Gold price down again! know the latest price

Gold Price update: The gold shopping on Diwali has crossed all the previous records. Diwali day saw a record purchase of gold and silver. Lot of enthusiasm witnessed among gold and silver buyers. Prior to this, people made significant purchases of gold and silver on Dhanteras.  An estimate states that the selling of gold and […]

Edited By : Divya Richa | Updated: Oct 25, 2022 16:16 IST
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Dhanteras

Gold Price update: The gold shopping on Diwali has crossed all the previous records. Diwali day saw a record purchase of gold and silver. Lot of enthusiasm witnessed among gold and silver buyers. Prior to this, people made significant purchases of gold and silver on Dhanteras.  An estimate states that the selling of gold and silver this Dhanteras and Diwali will shatter all previous records.

There is excellent news for gold and silver buyers. Prior to Dhanteras and Diwali, gold and silver have consistently decreased in price. Following this, gold closed at about Rs. 51110 for every 10 grammes. Gold is slipped by rs 16on Tuesday.

The price of gold and silver on Tuesday was as follows.

As a result, gold  is slipped by Rs 16 in price per ten kilos on Tuesday at Rs 51110.

Rate of 22 Carat Gold Price Per Gram in India

The rate of Gram 22K karat gold on Tuesday is ₹4,685 per 1 gram while the rate of gold on Tuesday ₹4,701 is 4625 per 1 gram.

The rate of Gram 22K karat gold on Saturday is ₹37,480 per 8 gram while the rate of gold on Tuesday is ₹37608 per 8 gram.

The rate of Gram 22K karat gold on Saturday is ₹46,850 per 10 gram while the rate of gold on Tuesday is ₹47,010 per 10 gram.

The rate of Gram 22K karat gold on Saturday is ₹46,8500 per 100 gram while the rate of gold on Friday is ₹47,0100 per 100 gram.

Rate of 24 Carat Gold Price Per Gram in India

The rate of Gram 24K karat gold on Saturday is ₹₹5,111  per 1 gram while the rate of gold on Tuesday  is ₹5,129 per 1 gram.

The rate of Gram 24K karat gold on Saturday is ₹40888  per 8 gram while the rate of gold on Tuesday is ₹41032 per 8 gram.

The rate of Gram 24K karat gold on Saturday is ₹5110  per 10 gram while the rate of gold on Tuesday  is ₹51290 per 10 gram.

The rate of Gram 24K karat gold on Saturday is ₹51,10 0 per 100 gram while the rate of gold on Tuesday is ₹512900 per 100 gram.

Gold Price and Silver Price in major cities

Gold Silver Rate in Delhi per 10 gm

22ct Gold : Rs. 47050, 24ct Gold : Rs.47150, Silver Price : ₹57,700/kg

Gold Silver Rate in Mumbai

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : ₹57,700/kg

Gold Silver Rate in Kolkata

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : ₹57,700/kg

Gold Silver Rate in Hyderabad

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : ₹57,700/kg

Gold Silver Rate in Bangalore

22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : ₹57,700/kg

Gold Silver Rate in Mangalore

22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : ₹57,700/kg

Gold Silver Rate in Ahmedabad

22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : ₹57,700/kg

Gold Silver Rate in Surat

22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : ₹57,700/kg

Gold Silver Rate in Nagpur

22ct Gold : Rs. 46880, 24ct Gold : Rs. 51140, Silver Price : ₹57,700/kg

Gold Silver Rate in Pune

22ct Gold : Rs. 46880, 24ct Gold : Rs. 51140, Silver Price : ₹57,700/kg

Gold Silver Rate in Bhubaneswar

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : ₹57,700/kg

Gold Silver Rate in Chandigarh

22ct Gold : Rs. 47050, 24ct Gold : Rs.47150, Silver Price : ₹57,700/kg

Gold Silver Rate in Jaipur

22ct Gold : Rs. 47050, 24ct Gold : Rs.47150, Silver Price : ₹57,700/kg

Gold Silver Rate in Lucknow

22ct Gold : Rs. 47050, 24ct Gold : Rs.47150, Silver Price : ₹57,700/kg

Gold Silver Rate in Patna

22ct Gold : Rs. 46880, 24ct Gold : Rs. 51140, Silver Price : ₹57,700/kg

Three reason for Gold investment:

The first is that gold prices would rise as soon as there was political unrest or economic catastrophe. Unfortunately, you would be depressed if you had not made an investment in the same. Gold is therefore an obvious choice if you need to spread out your investment.

Second reason for purchasing gold: It has been a great inflation hedge. For instance, gold prices in India have tripled during the past 8–10 years. You have received better returns from them than even fixed interest-bearing instruments, thus. There is therefore no need for you to refrain from investing in precious metal.

Third: The very fact that it is liquid. For instance, you may use this priceless metal as collateral for loans. Many people today are eager to purchase gold that has been hypothecated. So continuing to invest is not a bad idea. It cannot be disputed at all that it has withstood the test of time.

First published on: Oct 25, 2022 04:16 PM IST

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