Gold Price Update: If you are also planning to buy gold and silver, then there is important and good news for you. At present, gold can be bought cheaper than the all-time high by Rs 2300 per 10 grams and silver by more than Rs 5000 per kg. In fact, gold is being sold cheaper than Rs 59,000 per 10 grams and silver is being sold around Rs 75,000 per kg.
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, gold rose by Rs 576 per 10 grams and silver by Rs 1321 per kg 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.
Gold Price Update: Friday rate
On Friday, the fifth and last day of this trading week, gold (Gold Price Update) became costlier by Rs 9 per 10 grams and closed at Rs 59338 per kg. While before that, on the last trading day on Thursday, Gold Price became costlier by Rs 543 per 10 grams and closed at Rs 59329 per 10 grams.
On Friday, along with gold, the price of silver also registered a rise. On Friday, silver became costlier by Rs 1487 and closed at Rs 74979 per kg. Earlier on Thursday, silver had gained Rs 2815 to close at Rs 70777 per kg.
14 to 24 carat rate
After this, on Friday, 24 carat gold became costlier and was trading at Rs 59338, 23 carat Rs 59100, 22 carat Rs 54354, 18 carat Rs 44504 and 14 carat Rs 34713 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 slips by Rs 2300; silver by Rs 5000 from all-time high
Even after this, gold is selling cheaper than its all-time high by Rs 2308 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 5001 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.
