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Gold Price Update: Gold rate slips by Rs3,300 after 8 days gain! Don’t miss the chance

Gold Price Update: For the past eight days, gold and silver have been falling from the seventh sky directly on the earth on the fourth day of this business week. The price of gold and silver fell dramatically on Thursday, November 17, 2022, just before the commencement of the wedding season. On Thursday, gold fell […]

Edited By : Divya Richa | Nov 18, 2022 05:39 IST
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Gold Price Update: For the past eight days, gold and silver have been falling from the seventh sky directly on the earth on the fourth day of this business week. The price of gold and silver fell dramatically on Thursday, November 17, 2022, just before the commencement of the wedding season. On Thursday, gold fell by Rs 200 per 10 gram and silver fell by Rs 1341 per kilogram. Following this, gold began selling for less than Rs 52900 per 10 gramme and silver for less than Rs 61300 per kg. Following this decline, gold is now selling for less than Rs 3300 per 10 gramme and silver for less than Rs 18700 per kg.

Following this increase, gold fell by Rs 200 per 10 gram on Thursday, the fourth day of the business week, and finished at Rs 52894 per kilogram. On the other hand, on the previous trading day, Wednesday, the price of gold increased by Rs 271 per 10 gram and concluded at Rs 53094 per 10 gram.

Gold is down Rs 3300 and silver is down Rs 18600 from their all-time highs

Gold is currently selling for Rs 3307 per 10 gram less than its all-time high. In August 2020, gold reached an all-time high. At the time, gold had reached a price of Rs 56,200 per ten gram. Silver, on the other hand, was falling below its all-time low of Rs 18680 per kg. Silver’s all-time high price is Rs 79980 per kg. In such a case, those looking to purchase gold or silver may find this to be a good time to do so.

Price of 14 to 24 Carat Gold

In this manner, the current price of 24 carat gold is Rs 52952 per 10 gram, 23 carat gold is Rs 52681 per 10 gram, 22 carat gold is Rs 48450 per 10 gram, 18 carat gold is Rs 39670 per 10 gram, and 14 carat gold is approximately Rs 39670 per 10 gram. Is currently trading at Rs 30942 per 10 gram.

condition of gold and silver in the international market

Like the Indian bullion market, gold is trading with a decline in the international market today. In the US, gold is trading down by $ 8.91 at a rate of $ 1,765.10 an ounce. On the other hand, silver is trading down by $ 0.19 at the level of $ 21.23 an ounce.

 

First published on: Nov 18, 2022 05:39 AM IST

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