Gold Price Update: Important and good news for gold and silver buyers. After a day’s rise, gold became cheaper once again. On Tuesday, the second day of this business week, gold became cheaper by Rs 217 per 10 grams, while the price of silver registered a marginal increase of Rs 10 per kg. After this gold fell to Rs 56400 per 10 grams and silver started selling around Rs 65800 per kg.
On Tuesday, on the second day of this trading week, gold (Gold Price Update) became cheaper by Rs 217 per 10 grams and closed at Rs 56384 per kg. Whereas on the last trading day on Monday, gold was costlier by Rs 426 per 10 grams and closed at Rs 56601 per 10 grams.
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On the other hand, a rise in the price of silver (Gold Price Update) was also registered on Tuesday. On Tuesday, silver closed at Rs 65770 per kg with a slight gain of Rs 10. While on the last trading day on Monday, silver rate closed at a level of Rs 65760 per kg with a gain of Rs 1260.
14 to 24 carat gold rate
After this, 24 carat gold became cheaper by Rs 217 to Rs 56384, 23 carat gold became cheaper by Rs 216 to Rs 56158, 22 carat gold became cheaper by Rs 199 to Rs 51648, 18 carat gold became cheaper by Rs 163 to Rs 42288 and 14 carat gold became cheaper. 127 cheaper and is trading at the level of Rs 32985 per 10 grams.
Gold cheaper by Rs 2500; silver by Rs 14200 from all-time high
After this decline, gold is selling cheaper by Rs 2498 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 14210 per kg. The all-time high level of silver is Rs 79980 per kg.
Know the 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 continuous updates.
Check purity of gold
If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.
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24 carat gold is the purest
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. That’s why mostly 22 carat gold is used in making jewelry or jewellery. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its jewelery cannot be made. That’s why most shopkeepers sell gold in 22 carat.
Buy gold only after seeing the hallmark
While buying gold, customers must take care of its quality. Gold ornaments should be bought only after seeing the hallmark. Hallmark is a government guarantee for gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines hallmarks. The Hallmarking Scheme is governed by the Rules and Regulations under the Bureau of Indian Standards Act.
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