Gold Price Update: At present, gold can be bought cheaper than the all-time high by about Rs 1500 per 10 grams and silver by about Rs 9400 per kg. In fact, gold is being sold cheaper at around Rs 60,000 per 10 grams and silver is being sold at the psychological level of Rs 70,500 per kg.
New rate will be released today after two days
Actually, the new business week is starting from today. Today is the first day of the new business week. Earlier in the last business week, a big fall in the price of gold as well as silver (Gold Price Update) was recorded in the bullion market. In such a situation, today everyone’s eyes will be on how gold and silver move in the Indian bullion market on the first day of the new business week.
It may be noted that Indian Bullion Jewelers Association (IBJA) does not issue rates on Saturdays and Sundays except on holidays declared by the Central Government. That is, after two days of holiday, now the new rate of gold and silver will be released today.
Rate of gold-silver on Friday
On Friday, the fifth and last day of the last trading week, gold (Gold Price Update) became cheaper by Rs 219 per 10 grams and closed at Rs 60142 per kg. While before that, on Thursday, on the last trading day, gold (Gold Price) was cheaper by Rs 319 per 10 grams and closed at the level of Rs 60361 per 10 grams.
On the other hand, unlike gold, the price of silver also registered a rise on Friday. On Friday, silver gained Rs 215 to close at Rs 70,500 per kg. Whereas on Thursday, silver became cheaper by Rs 944 and closed at Rs 70285 per kg.
14 to 24 carat
After this, on Friday, 24-carat gold became cheaper at Rs.60,142, 23-carat at Rs.59,901, 22-carat at Rs.55,090, 18-carat at Rs.45,107 and 14-carat at Rs.35,183 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 1500; silver Rs 9400 from all-time high
After this, gold is selling cheaper by Rs 1504 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 9480 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.