Sunday, November 27, 2022

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Gold price Update: Gold, silver demand surges during wedding season; know the current rate

Gold price Update: The marriage season has begun in India from today. Today marks the first auspicious wedding day of the year. In view of marriage, demand for gold and silver has surged once again in the country. The influence of increased demand for yellow metal is also seen in price movements.

Along with gold, the price of silver increased in the previous trading week. Gold rate is increased by Rs 672 per 10 gram in the previous trade week. While Silver prices fell by Rs.34 per kg. However, from its all-time high, gold is now Rs 3200 per 10 gram and silver is Rs 18600 per kg cheaper.

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Gold reached at Rs 52,953 per 10 gram and silver at Rs 61,320 per kilogram on Friday, the last day of the previous trading week. However, gold reached at Rs 52,281 and silver at Rs 61,354 on the last day of the preceding trading week, November 12,

After two days, a new rate will be issued today.

Actually, the new business week begins today. Today marks the start of the new business week. Previously, the price of gold and silver on the bullion market fell in the previous trading week. In such a case, everyone’s attention will be focused today on how gold and silver move in the Indian bullion market on the opening day of the new business week.

Gold and silver price on Friday

On Friday, the fifth and last trading day of the previous trading week, gold gained Rs 59 per 10 gramme and concluded at Rs 52953 per kg. On the other hand, on Thursday’s previous trading day, gold fell by Rs 200 per 10 gramme and concluded at Rs 52894 per 10 gramme.

Silver’s price rose on Friday, mirroring that of gold. Silver rose 67 rupees to Rs 61320 per kilogramme. On the other hand, the silver price fell by Rs 1341 per kg on Thursday, closing at Rs 61253 per kg.

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14 10 24 K gold rate

On Friday, 24-carat gold increased in price by Rs 52,953, 23-carat gold by Rs 59, 52,741, 22-carat gold by Rs 54, 48,505, and 14-carat gold by Rs 44, 39,715 rupees. Gold increased in price by Rs 35, closing at Rs 30978 per 10 gramme.

Gold is getting cheaper by around 3200 and silver by Rs 18600 from all-time high

Gold is currently selling for Rs 3247 per 10 grammes 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 kilos. Silver, on the other hand, was falling below its all-time low of Rs 18660 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogramme.

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 through SMS shortly. In addition, you can stay up to date by visiting www.ibja.co or ibjarates.com.

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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