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Gold Price Update: gold, silver flying like rocket, rates shoot up, touches new high

Gold Price Update: If you are also planning to buy gold, silver or its jewelery in the new year, then there is important news for you. For the last several months, the period of continuous increase in the price of gold and silver is going on. On the second day of the first trading week of the year 2023, along with gold, a rise in prices was recorded. On Tuesday, gold became costlier by Rs 418 per 10 grams, while the rate of silver rose by Rs 878 per kg.

After this, gold climbed up to Rs 55500 per 10 grams on Tuesday. On the other hand, silver jumped and closed after reaching Rs 69000 per kg. After this boom, people now have the opportunity to buy gold cheaper by Rs 600 per 10 grams and silver by more than Rs 10,000 per kg. If the experts of the bullion market are to be believed, then the period of increase in the prices of gold and silver may continue.

On Tuesday, gold (Gold Price Update) closed at a level of Rs 55581 per kg with a gain of Rs 418 per 10 grams. Whereas on the last trading day on Monday, gold closed at a level of Rs 55163 per 10 grams with a gain of Rs 296 per 10 grams.

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On Tuesday also, along with gold, a rise in the price of silver (Gold Price Update) was recorded. On Tuesday, silver became costlier by Rs 878 and closed at Rs 689227 per kg. Whereas on the last trading day on Monday, the silver rate climbed at the rate of Rs 257 per kg and closed at the level of Rs 68349 per kg.

14 to 24 carat gold rate

In this way, on Tuesday, 24 carat gold became costlier by Rs 418 to Rs 55581, 23 carat gold became costlier by Rs 417 to Rs 55359, 22 carat gold by Rs 383 to Rs 50912, 18 carat gold by Rs 314 to Rs 41686 and 14 carat Gold became costlier by Rs 245 and closed at Rs 32515 per 10 grams.

Gold is down by 600 and silver by Rs 10,000 from all-time high

Gold is currently selling cheaper than its all-time high by Rs 1037 per 10 grams. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 10753 per kg. The all-time high level of silver is Rs 79980 per kg.

Do not delay in buying gold

According to the experts of bullion market, after Kharmas, there is still a lot of time left in the wedding season along with Makar Sankranti on January 14. In such a situation, the phase of rise in the price of gold and silver will continue in the coming days. Also, these people say that soon in the new year 2023, the price of gold will reach near or beyond its highest level. In such a situation, if you have a wedding here too and you want to buy gold, then buy it as soon as possible. So that you can get some benefit.

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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.

Read More :- Latest Business News

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