Gold Price Update: It is indeed good news for gold buyers during this wedding season. On the second day of this trading week, gold and silver prices witnessed decline. On Tuesday, gold became cheaper by Rs 77 per 10 grams, while silver declined by Rs 425 per kg. Along with this, gold closed at around Rs 52,800 per 10 grams and silver at Rs 61,700 per kg on Tuesday. Therefore, people have the golden chance to buy gold at Rs.3400 per 10 grams cheaper and silver at Rs.18300 per kg less than its all time high rate.
On Tuesday, the second day of this trading week, gold became cheaper by Rs 77 per 10 grams and closed at Rs 52775 per kg. Whereas on Monday, on the last trading day, gold became costlier by Rs 192 per 10 grams and closed at Rs 52,852 per 10 grams.
On Tuesday, along with gold, the price of silver also declined. Silver declined by Rs 425 to close at Rs 61685 per kg. Whereas on the last trading day on Monday, silver rate closed at Rs 62110 per kg with a gain of Rs 281 per kg.
14 to 24 carat gold rate
On Tuesday, 24-carat gold became cheaper by Rs.77 to Rs.52,775, 23-carat gold became cheaper by Rs.76 to Rs.52,564, 22-carat gold became cheaper by Rs.70 to Rs.48,342, 18-carat gold became cheaper by Rs.48 to Rs.39,581 and 14-carat gold became cheaper by Rs. Gold became cheaper by Rs 45 and closed at Rs 30873 per 10 grams.
Gold is getting cheaper by Rs3400 and silver by Rs 18300 from all-time high
Gold is currently selling cheaper than its all-time high by Rs 3425 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 18295 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, there is still a lot of marriage season left. 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. If you have a wedding and you want to buy gold, then buy it as soon as possible. So that you can get some benefit.
The ups and downs in the prices of gold and silver continue during the wedding season. The prices of gold and silver sometimes increase and sometimes fall. Due to this, in the wedding season, jewelry buyers are in a dilemma as to when it would be appropriate for them to buy gold and silver i.e. it would be cheaper. Meanwhile, this business week has started with a rise in the prices of gold and silver.
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.
