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Gold Price Update: Gold slips again by Rs 2,300

Gold Price Update: If you also want to buy gold, silver or its jewellery, then there is important news for you. On the first day of this trading week, where a decline was recorded in the price of gold, there was a rise in the price of silver. Even after this, gold fell below Rs […]

Edited By : Divya Richa | Updated: Jul 18, 2023 11:27 IST
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Gold-Silver rate

Gold Price Update: If you also want to buy gold, silver or its jewellery, then there is important news for you. On the first day of this trading week, where a decline was recorded in the price of gold, there was a rise in the price of silver. Even after this, gold fell below Rs 59300 per 10 grams and silver jumped to cross Rs 75000 per kg.

On Monday, the first day of this business week, gold (Gold Price Update) became cheaper by Rs 68 per 10 grams and closed at Rs 59270 per kg. Whereas before that, on the previous trading day on Friday, Gold Price became costlier by Rs 9 per 10 grams and closed at Rs 59338 per 10 grams.

Unlike gold, the price of silver also registered a rise on Monday. On Monday, silver became costlier by Rs 87 and closed at Rs 75066 per kg. Earlier on Friday, silver had gained Rs 1487 to close at Rs 74979 per kg.

14 to 24 carat rate

After this, on Monday, 24 carat gold became cheaper at Rs 59270, 23 carat Rs 59033, 22 carat Rs 54291, 18 carat Rs 44453 and 14 carat was trading at Rs 34673 per 10 grams. Let us tell you 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 dips by Rs 2,300; silver Rs 4900 from all-time high

Even after this, gold is selling cheaper than its all-time high by Rs 2376 per 10 grams. Let us tell you that gold made its all-time high on 4 May 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 4914 per kg. The all-time high level of silver is Rs 79980 per kg.

Know latest gold price through 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.

 

First published on: Jul 18, 2023 07:27 AM IST
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