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Gold Price Update: Good time in wedding season; Gold tumbles again, dropped below 56K!

Gold Price Update: A big good news for gold and silver buyers. For the second consecutive day, once again a fall in the prices of gold and silver has been recorded. On Friday, the fifth and last day of this trading week, gold became cheaper by Rs 123 per 10 grams, while the price of […]

Edited By : Divya Richa | Updated: Feb 27, 2023 10:50 IST
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Gold Price Update: Good time in wedding season; Gold tumbles again, dropped below 56K!

Gold Price Update: A big good news for gold and silver buyers. For the second consecutive day, once again a fall in the prices of gold and silver has been recorded. On Friday, the fifth and last day of this trading week, gold became cheaper by Rs 123 per 10 grams, while the price of silver declined by Rs 851 per kg. After this gold fell below Rs 56000 per 10 grams and silver started selling around Rs 64000 per kg.

On Friday, the fifth day of this trading week, gold (Gold Price Update) became cheaper by Rs 123 per 10 grams and closed at Rs 55957 per kg. Whereas on the last trading day on Thursday, gold was cheaper by Rs 416 per 10 grams and closed at the level of Rs 56080 per 10 grams.

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On the other hand, along with gold, a decline in the price of silver (Gold Price Update) was also recorded on Friday. On Friday, silver fell by Rs 851 to close at Rs 64331 per kg. Whereas on the last trading day on Thursday, silver rate was closed at a level of Rs 65182 per kg with a softening of Rs 804.

14 to 24 carat gold rate

After this, 24 carat gold became cheaper by Rs 123 to Rs 55957, 23 carat gold became cheaper by Rs 122 to Rs 55733, 22 carat gold became cheaper by Rs 112 to Rs 51257, 18 carat gold became cheaper by Rs 92 to Rs 41968 and 14 carat gold became cheaper. 72 cheaper and is trading at the level of Rs 32735 per 10 grams.

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Gold cheaper by Rs 2900; silver by Rs 15,600 from all-time high

After this decline, gold is selling cheaper by Rs 2925 per 10 grams than its all-time high. Let us tell you that before this, gold had made its all-time high on 2 February 2022. On that day gold had gone up to the level of Rs 58882 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 15649 per kg. The all-time high level of silver is Rs 79980 per kg.

Read More :- Latest Business News

First published on: Feb 25, 2023 10:51 AM IST
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