Gold Price Update: Gold is rapidly going out of the common man’s reach. At present gold is available at the rate of above Rs 59000 per 10 grams. While silver is available at the rate of Rs 71000 per kg. It is noted the fresh rate of gold and silver will be released on Monday. The mentioned rates are released on Friday.
The new business week is starting from today. If you are also planning to buy gold and silver, then there is important news for you. At present, gold is costlier by about Rs 100 per 10 grams from the all-time high and silver can be bought cheaper by about Rs 8398 per kg.
New rate today
The new business week is starting from today. Today is the first day of the new business week. Earlier in the last business week, there was a rise in the price of gold as well as silver 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 the two-day holiday, now the new rate of gold and silver will be released today.
Gold, silver last week
27-31 March 2023: A jump was registered in the price of gold by Rs 98 per 10 grams and silver by Rs 1,826 per kg.
20-24 March 2023: The price of gold increased by Rs 1,433 per 10 grams and the price of silver by Rs 2983 per kg.
13-17 March 2023: The price of gold declined by Rs 2552 per 10 grams and silver by Rs 4982 per kg.
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Gold and silver on Friday
On Friday, gold became costlier by Rs 416 per 10 grams and closed at Rs 59,751 per kg. Whereas, on the last trading day on Wednesday, gold price rose by Rs 370 per 10 grams and closed at Rs 59335 per 10 grams.
On Friday, along with gold, the price of silver registered a rise. On Wednesday, silver closed at Rs 71582 per kg with a huge gain of Rs 1582. Whereas on Wednesday, silver closed at Rs 67000 per kg with a jump of Rs 500. Let us tell you that due to the holiday of Ram Navami on Thursday, the new rate of gold and silver could not be released in the bullion market.
Latest 14 to 24 carat gold rate
After this rise, 24 carat gold became costlier by Rs 416 to Rs 59751, 23 carat gold by Rs 415 to Rs 59512, 22 carat gold by Rs 381 to Rs 54732, 18 carat gold by Rs 312 to Rs 44813 and 14 carat gold by Rs 312. Gold being costlier by Rs 243 is trading at Rs 34954 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.
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Gold up by Rs 100 from all-time high, silver cheaper by Rs 83000
After this, gold is being sold costlier by Rs 98 per 10 grams from its all-time high. Let us tell you that before this gold had made its all-time high on March 24, 2022. On that day gold had gone up to the level of Rs 59653 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 8398 per kg. The all-time high level of silver is Rs 79980 per kg.
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