Gold Price Update: There is important and good news for you. At present, gold can be bought cheaper than the all-time high by Rs 3,500 per 10 grams and silver by more than Rs 11,000 per kg. In fact, gold is being sold cheaper around Rs 58,000 per 10 grams and silver is being sold near the psychological level of Rs 68,000 per kg.
Gold Price Update
Actually, the new business week is starting from today. Today is the first day of the new business week. Earlier, in the last trading week, gold prices fell by Rs 340 per 10 grams and silver by more than Rs 125 per kg in the bullion market. In such a situation, today everyone’s eyes will be on how gold and silver move in the Indian bullion market on the first day of the new business week.
It may be noted that Indian Bullion Jewelers Association (IBJA) does not issue rates on Saturdays and Sundays except on holidays declared by the Central Government. That is, after the two-day holiday, now the new rate of gold and silver will be released today.
Rate of gold and silver on Friday
On Friday, the fifth and last day of the last trading week, gold (Gold Price Update) became cheaper by Rs 259 per 10 grams and closed at Rs 58395 per kg. Whereas before that, on Thursday, on the previous trading day, gold had become cheaper by Rs 210 per 10 grams and closed at Rs 58654 per 10 grams.
On Friday, along with gold, the price of silver also continued to fall. On Friday, silver became cheaper by Rs 705 and closed at Rs 68304 per kg. Earlier on Thursday, silver had become cheaper by Rs 1124 and closed at Rs 69009 per kg.
14 to 24 carat rate
On Friday, 24-carat gold became cheaper at Rs.58,395, 23-carat at Rs.58,161, 22-carat at Rs.53,490, 18-carat at Rs.43,796 and 14-carat at Rs.34,161 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 dips by Rs 3,200; silver by over Rs 11,000 from all-time high
Gold is selling cheaper by Rs 3251 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 11676 per kg. The all-time high level of silver is Rs 79980 per kg.
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 information about continuous updates.
