Gold Price Update: At present, gold can be bought cheaper than the all-time high by about Rs 1600 per 10 grams and silver by about Rs 6300 per kg. In fact, gold has become cheaper below Rs 60,000 per 10 grams and silver has jumped up and is being sold near the psychological level of Rs 74,000 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 trading week, where gold became cheaper by Rs 332 per 10 grams in the bullion market, a huge increase in the price of silver was recorded by Rs 2305 per kg. 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 the two-day holiday, now the new rate of gold and silver will be released today.
This was the rate of gold and silver on Friday
On Friday, the fifth day of this business week, gold (Gold Price Update) became costlier by Rs 389 per 10 grams and closed at Rs 59976 per kg. Whereas before that, on Thursday, on the previous trading day, gold had become cheaper by Rs 441 per 10 grams and closed at Rs 59587 per 10 grams.
On Friday, along with gold, the price of silver also saw a big jump. On Thursday, silver became costlier by Rs 1678 and closed at Rs 73677 per kg. Earlier on Thursday, silver had become costlier by Rs 175 and closed at Rs 71999 per kg.
14 to 24 carat
On Friday, 24 carat gold became costlier and is trading at Rs 59976, 23 carat Rs 59736, 22 carat Rs 54938, 18 carat Rs 44982 and 14 carat Rs 35086 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 1,609; silver by Rs 6,303 from all-time high
After this, gold is selling cheaper by Rs 1609 per 10 grams than its all-time high. 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 6303 per kg. The all-time high level of silver is Rs 79980 per kg.
Know the latest gold price by giving 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.
