Gold price update: The wedding season is going to begin after Navratri, Karva Chauth, Dhanteras, Diwali, and Chhath, where numerous festivities, such as Dev Deepawali, are still forthcoming. Silver and gold prices have significantly increased on Tuesday, the day before Dev Uthani Ekadashi.
Gold’s price increased by Rs 211 per 10 gram on Tuesday, the first day of current trading week, and it concluded at Rs 50691. The price of gold decreased by Rs 22 per ten grammes on Monday’s final trading day, closing at Rs 50480 per gram.
On the other hand, silver’s price saw a significant increase on Tuesday. Silver’s price increased by Rs 2698 69 on Tuesday, closing at Rs 59048 per kg. On the other hand, silver dropped by Rs 69 per kg on Monday and ended the day at Rs 57350 per kg.
Current rate of 14 to 24 carat gold
In this way, the price of 24 carat gold will increase by Rs 211, the price of 23 carat gold will increase by Rs 210, the price of 22 carat gold will increase by Rs 46433, the price of 18 carat gold will increase by Rs 158, and the price of 14 carat gold will increase by Rs 158, respectively, on Tuesday. Gold priced Rs 123 more and concluded the day at Rs 29654 for 10 grammes.
From all-time highs, gold is at Rs. 5500 cheaper, while silver is now about Rs.22600
The price of gold per 10 grammes is currently about Rs 5509 less than it was at its peak. Let me inform you that gold reached its peak in August 2020. At that point, the price of gold per 10 kilos had increased to Rs 56200. Silver was also declining in price at a rate of roughly Rs 20932 per kilogramme from its peak. Silver is now priced at Rs. 79980 per kilogramme.
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For information on the retail costs of 22 karat and 18 karat gold jewellery, you can leave a missed call at 8955664433. In a little while, rates will be sent to your SMS account. Along with this, you can go to www.ibja.co or ibjarates.com to learn more about frequently updated information.
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There are myriads of reasons to buy in gold during festival season. Besides the traditional point Gold purchase provides you an excellent opportunity for diversification. It is said that there no better tool then gold, when it comes to diversification of assets. . If you have not invested in yellow metal, you are probably committing a mistake. It also provides some relief against poor times. So invest in Gold without coming under the hands of frauds.