Gold Price Update: A decline is seen in the prices of gold and silver for the straight second day. Gold slipped by Rs 551 and closed at Rs 58637, while silver fell by Rs 278 to close at Rs 68499 per kg. 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.
On Wednesday, gold became cheaper by Rs 551 per 10 grams and closed at Rs 58637 per kg. While on the last trading day, gold (Gold Price) became cheaper by Rs 291 per 10 grams and closed at the level of Rs 59188 per 10 grams on Tuesday.
On Wednesday, along with gold, the price of silver registered a decline. On Wednesday, silver gained Rs 278 to close at Rs 68221 per kg. Whereas on Monday, silver closed at Rs 68499 per kg with a gain of Rs 17.
Latest 14 to 24 carat gold rate
After this fall, 24 carat gold became cheaper by Rs 551 to Rs 58637, 23 carat gold became cheaper by Rs 549 to Rs 58402, 22 carat gold became cheaper by Rs 504 to Rs 53712, 18 carat gold became cheaper by Rs 413 to Rs 43978 and 14 carat gold became cheaper by Rs 551. Gold being cheaper by Rs 322 is trading at Rs 34303 per 10 grams.
Gold falls by Rs 800 and silver by Rs 11,700 from all-time high
After this, gold is selling cheaper by Rs 842 per 10 grams than its all-time high. Let us tell you that before this gold had made its all-time high on March 20, 2022. On that day gold had gone up to the level of Rs 59479 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 11759 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 continuous updates.
Know the purity of gold like this
If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.
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24 carat gold is the purest
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. That’s why mostly 22 carat gold is used in making jewelry or jewellery. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its jewelery cannot be made. That’s why most shopkeepers sell gold in 22 carat.
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