Wednesday, February 8, 2023

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Gold Price update: Gold price dropped again; check here new rates

Gold Price update: There is vital news for you if you wish to buy inexpensive gold after Dhanteras and Diwali. The price of gold and silver has been steadily increasing since Dhanteras and Diwali. But gold is now less expensive. Silver, meanwhile, has risen in price even today. Silver has increased in price by Rs 160 per kg while gold has decreased in price by Rs 125 per 10 grammes today.

Gold is now selling for roughly Rs. 50700 and silver for about Rs. 58000 after this decline. From its all-time high, gold is currently becoming cheaper by Rs. 5500 per 10 grammes, while silver is becoming cheaper by Rs. 22000 per kg.

Status of Gold and Silver on IBJA

The Indian Bullion Jewelers Association (IBJA) reports that on Friday, October 28, the fifth and last day of this trading week, gold (Gold Price Update) decreased in price by Rs 125 per ten kilos and opened at Rs 50654 per ten grammes. In contrast, gold increased in price by Rs 28 per ten grammes on Thursday, the penultimate trading day, and concluded at Rs 50779 per gramme.

However, silver today increased in price by Rs 160 per kg and opened at Rs 57800 per kg. On the other hand, silver decreased in price by Rs 211 on Thursday’s final trading day, closing at Rs 57640 per kilogramme.

Silver and Gold Prices on the MCX

Today, gold is trading with a decline on the Multi Commodity Exchange (MCX), much like the Indian Bullion Jewelers Association (IBJA). Currently, gold is down Rs 91 on the MCX, at a valuation of Rs 50,646. While silver is down Rs 93 and priced at Rs 58,185.

Gold 5500 and silver 22000

Compared to its all-time high, gold is currently selling for around Rs 5546 per 10 grammes less. August 2020 became the highest point in gold’s history. At that time, the price of gold had increased to Rs 56,200 for 10 kilos. Silver was also declining in price at a rate of roughly Rs 22,120 per kilogramme from its peak. Silver is now priced at Rs. 79980 per kilogramme. In such a scenario, people who intend to purchase gold or silver may find that this presents a favourable time to do so.

Price of 14 to 24 carat gold

Accordingly, the current price for 10 grammes of 24 carat gold is Rs. 50654, 10 grammes of 23 carat gold is Rs. 50451, 10 kilos of 22 carat gold are Rs. 46399, 10 grammes of 18 carat gold are Rs. 37991, and 10 grammes of 14 carat gold are around Rs. 29633.

Rate of gold in major cities

Delhi Gold, Silver Price

22ct Gold : Rs. 47250, 24ct Gold : Rs. 51530, Silver Price : Rs. 58300

Mumbai Gold, Silver Price

22ct Gold : Rs. 47100, 24ct Gold : Rs. 51380, Silver Price : Rs. 58300

Kolkata Gold, Silver Price

22ct Gold : Rs. 47100, 24ct Gold : Rs. 51380, Silver Price : Rs. 63700

Chennai Gold, Silver Price

22ct Gold : Rs. 47350, 24ct Gold : Rs. 51760, Silver Price : Rs. 63700

Hyderabad Gold, Silver Price

22ct Gold : Rs. 47100, 24ct Gold : Rs. 51380, Silver Price : Rs. 63700

Bangalore Gold, silver Price

22ct Gold : Rs. 47150, 24ct Gold : Rs. 51430, Silver Price : Rs. 58300

Mangalore Gold, Silver Price

22ct Gold : Rs. 47150, 24ct Gold : Rs. 51430, Silver Price : Rs. 63700

Ahmedabad Gold, Silver Price

22ct Gold : Rs. 47150, 24ct Gold : Rs. 51430, Silver Price : Rs. 58300

Surat Gold, Silver Price

22ct Gold : Rs. 47150, 24ct Gold : Rs. 51430, Silver Price : Rs. 58300

Nagpur Gold, Silver Price

22ct Gold : Rs. 47130, 24ct Gold : Rs. 51310, Silver Price : Rs. 58300

Pune Gold, Silver Price

22ct Gold : Rs. 47130, 24ct Gold : Rs. 51310, Silver Price : Rs. 58300

Bhubaneswar Gold, Silver Price

22ct Gold : Rs. 47100, 24ct Gold : Rs. 51380, Silver Price : Rs. 63700

Chandigarh Gold, Silver Price

22ct Gold : Rs. 47250, 24ct Gold : Rs. 51530, Silver Price : Rs. 58300

Jaipur Gold, Silver Price

22ct Gold : Rs. 47250, 24ct Gold : Rs. 51530, Silver Price : Rs. 58300

Lucknow Gold, Silver Price

22ct Gold : Rs. 47250, 24ct Gold : Rs. 51530, Silver Price : Rs. 58300

Patna Gold, Silver Price

22ct Gold : Rs. 47130, 24ct Gold : Rs. 51310, Silver Price : Rs. 58300

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