Monday, January 30, 2023

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Gold Price Update: Gold rate bounces back, up by Rs 475; know 14 to 24 carat price here

Gold Price Update, December 3, 2022: Good news for those looking to buy gold and silver during this wedding season. During the wedding season, the price of yellow metal has been steadily rising for the last few days. Along with gold, silver prices rose significantly on the fifth day of this trading week. On Friday, the price of gold rose by Rs 475 per 10 gram, while the price of silver rose by Rs 1,131 per kg. In addition, gold closed Friday at Rs 53,700 per 10 gram and silver at Rs 64,500 per kg. People can currently purchase gold for Rs 2,500 per 10 gram cheaper and silver for Rs 15,600 per kg cheaper from its all time high rate.

On Friday, the fifth and final trading day of this trading week, gold (Gold Price) closed at Rs 53,656 per kg, up Rs 475 per 10 gram. While Gold increased by Rs 404 per 10 gram on Thursday and closed at Rs 53181 per 10 gram.

Along with gold, the price of silver increased significantly on Friday. Silver rose 1,131 rupees to Rs 64,434 per kilogram. While on Thursday’s last trading day, silver closed at Rs 63203 per kg, an increase of Rs 1303.

14 to 24 carat gold price

As a result, 24-carat gold cost Rs 475 more to Rs 53,181, 23-carat gold cost Rs 473 more to Rs 52,968, 22-carat gold cost Rs 356 more to Rs 48,714, 18-carat gold cost Rs 278 more to Rs 39,886 and 14-carat gold cost Rs. Gold increased in price by Rs 236 and closed at Rs 31111 per 10 gramme.

Gold is down Rs 2500 and silver is down Rs 15500 from their all-time highs.

Gold is currently selling for Rs 2544 per 10 gramme less than its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten grammes. Silver, on the other hand, was falling below its all-time low of Rs 115546 per kg. Silver’s all-time high price is Rs 79980 per kg.

Do not put off purchasing gold

According to bullion market experts, there is still plenty of marriage season left. In such a case, the price of gold and silver will continue to rise in the coming days. Furthermore, these experts believe that the price of gold will soon reach or exceed its all-time high in the new year 2023. In such a case, if you have a wedding here as well and want to buy gold, do so as soon as possible. In order for you to benefit.

During the wedding season, gold and silver prices continue to fluctuate. Gold and silver prices fluctuate between rising and falling. As a result, during the wedding season, jewellery buyers are at a loss as to when it is appropriate to purchase gold and silver, i.e. when it is cheaper. Meanwhile, the prices of gold and silver have risen this business week.

Know Gold rate through missed call

You can get the retail price of 22 carat and 18 carat gold jewellery by calling 8955664433. Rates will be sent to you via SMS shortly. In addition, you can stay up to date by visiting www.ibja.co or ibjarates.com.

How to check the purity of gold

If you want to check the purity of gold right now, the government has created an app for that. Customers can check the purity of gold using the BIS Care app. You can use this app to not only check the purity of gold, but also to file a complaint about it.

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