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Gold Price Update: Gold price hits two-month low; right time for buying at Rs 2,700 cheaper

Gold Price Update: The price of Gold on Sunday dropped to the rate of Rs 56,175 per 10 grams with a fall of Rs29 on the last day of trading on Friday evening. On the other hand Silver also registered a fall of of Rs 664 on Friday evening and closed at the rate of […]

Edited By : Divya Richa | Updated: Feb 20, 2023 11:23 IST
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Gold Price Update: The price of Gold on Sunday dropped to the rate of Rs 56,175 per 10 grams with a fall of Rs29 on the last day of trading on Friday evening. On the other hand Silver also registered a fall of of Rs 664 on Friday evening and closed at the rate of Rs64,500 per kg.

Gold on IBJA

According to India Bullion and Jewelers Association, the price of 24 carat gold closed at Rs 56175 per 10 grams this evening. Whereas this rate was Rs 56204 per gram this morning. Thus, today gold has registered a fall of Rs 29 between morning and evening. On the other hand, gold had closed at the level of Rs 56428 per ten grams on the previous trading day. Thus it has closed with a fall of Rs 253 per 10 grams as compared to the previous trading day. Apart from this, today the rate of silver closed at the level of Rs 64500 per kg. This rate opened at the level of 65164 per kg this morning. Thus, a fall of Rs 664 has been recorded in the rate of silver between morning and evening. Whereas this rate was Rs 65389 per kg on the last trading day. Thus, a decline of Rs 889 per kg was recorded in the rate of silver today as compared to yesterday.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 20: MONDAY SEES FUEL PRICE CHANGE? KNOW CURRENT RATES IN YOUR CITY

Gold cheaper by Rs 2,700;Silver by Rs15000 from all time high

Know how far the gold rate is below the all-time high Gold is being sold cheaper by Rs 2,707 per 10 grams than its all-time high. Earlier, gold made its all-time high on February 2, 2023. At that time gold had gone up to the level of Rs 58882 per ten grams. On the other hand, silver is also trading below by Rs15,380 from its all-time high . Silver made its all-time high of Rs 79,880 in April 2011.

Gold on MCX

Know at what rate the business is being done in MCX in the evening On Multi Commodity Exchange (MCX) this evening, the future trade of gold on April 5, 2023 is down by Rs 381.00 and is trading at the level of Rs 55,847.00. On the other hand, the futures trade of silver for March 2023 is trading at a level of Rs 64,518.00 with a fall of Rs 1115.00.

Gold at international market

Know at what rate the business is being done in the evening in the international market Business is being done with the fall in gold in the international market. Today, gold is trading in the US at a rate of $ 1,824.49 an ounce, down by $ 9.89. On the other hand, silver is trading down by $ 0.31 at the level of $ 21.22 an ounce.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 19: FUEL PRICE CHANGED? KNOW CURRENT RATES IN YOUR CITY

Read More :- Latest Business News

First published on: Feb 19, 2023 06:30 AM IST
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