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Gold Price Update: Gold rate surges, still Rs 1,200 cheaper

Gold Price Update: Gold on Tuesday evening closed at Rs 60,402can per 10 gram.The rate was at Rs 59,981 on Tuesday morning. There is surge of Rs 421 between morning and evening prices. (Gold Price Update) While Silver was closed at the rate of Rs 70861 per kg and it was at rate of Rs […]

Edited By : Divya Richa | Updated: May 31, 2023 10:36 IST
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Gold rate update

Gold Price Update: Gold on Tuesday evening closed at Rs 60,402can per 10 gram.The rate was at Rs 59,981 on Tuesday morning. There is surge of Rs 421 between morning and evening prices. (Gold Price Update)

While Silver was closed at the rate of Rs 70861 per kg and it was at rate of Rs 70323 on Tuesday morning. Silver on Tuesday registered a surge of Rs 538 between morning and evening rate.

Gold Price Update

However, gold had closed at the level of Rs 60012 per 10 grams on the previous trading day. Thus it has closed with a gain of Rs 390 per 10 grams as compared to the previous trading day.

While Silver was closed at the rate of Rs 70861 per kg and it was at rate of Rs 70323 on Tuesday morning. Silver on Tuesday registered a surge of Rs 538 between morning and evening rate.

Whereas this rate of silver was Rs 70782 per kg on the last trading day. Thus, a rise of Rs 79 per kg was recorded in the rate of silver today as compared to yesterday.

14 to 24 carat

24-carat gold is trading at rate of Rs.60,400 per 10 gram, 22-carat at Rs.58,950, 18-carat at Rs.48,930 and 14-carat at Rs.39,860 per 10 grams. It is noted 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 slips Rs 1244; silver Rs 9119 from all-time high

After this, gold is selling cheaper by Rs 1,244 per 10 grams than its all-time high. Let us tell you that gold made its all-time high on 13 April 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 9119 per kg. The all-time high level of silver is Rs 79980 per kg.

Know the latest gold price by giving a 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.

 

 

 

 

 

First published on: May 31, 2023 06:30 AM IST

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