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Gold Price update: Loot offer gold buyers! Gold falls by Rs1,100; grab the chance

Gold Price update: We Indians are fond of shopping. With the arrival of festive and wedding season we have gone on shopping spree. And buying yellow metal is the always be the first choice. The retail business of gold in the country continues till late evening, but the wholesale business closes in the evening. Besides […]

Edited By : Divya Richa | Updated: Feb 4, 2023 10:51 IST
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gold rate update

Gold Price update: We Indians are fond of shopping. With the arrival of festive and wedding season we have gone on shopping spree. And buying yellow metal is the always be the first choice. The retail business of gold in the country continues till late evening, but the wholesale business closes in the evening. Besides this, gold and silver closing rate, rates of major cities of the country are also being released.

Huge fall in gold

Know the closing rate of gold in the market today. The price of gold in the market today has been as follows. According to the gold rate issued by the India Bullion and Jewelers Association, the price of 24 carat gold closed at Rs 57788 per 10 grams this evening. Whereas this rate was Rs 58013 per gram this morning.

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Thus, today gold has registered a fall of Rs 225 between morning and evening. On the other hand, gold had closed at the level of Rs 58882 per ten grams on the previous trading day. Thus it has closed with a fall of Rs 1094 per 10 grams as compared to the previous trading day.

Apart from this, today the rate of silver closed at the level of Rs 69539 per kg. This rate opened at the level of 69745 per kg this morning. Thus, a fall of Rs 206 has been recorded in the rate of silver between morning and evening. Whereas this rate was Rs 71576 per kg on the last trading day. Thus, today the rate of silver has decreased by Rs 2037 per kg as compared to yesterday.

Gold rate difference from all time high

Know how far the gold rate is below the all-time high Gold is being sold cheaper by Rs 1094 per 10 grams than its all-time high. Earlier, gold made its all-time high on February 2, 2023. At that time gold had gone up to the level of Rs 58882 per ten grams. At the same time, silver is also trading below its all-time high of Rs 5,461. Silver made its all-time high of Rs 75,000 in April 2011.

Gold on MCX

Know at what rate the business is being done in the evening in MCX On Multi Commodity Exchange (MCX) this evening, the future trade of gold on April 5, 2023 is down by Rs 103.00 and is trading at the level of Rs 57,592.00. On the other hand, the futures trade of silver for March 2023 is trading at a level of Rs 69,956.00 with a fall of Rs 248.00.

Read More :-PETROL, DIESEL PRICE ON JANUARY 30 2023: MONDAY SEES CHANGE IN FUEL PRICE? CHECK OUT RATES HERE

Know at what rate the business is being done in the international market in the evening Business is being done with the fall in gold in the international market. Today, gold is trading in the US at a rate of $ 1,913.14 an ounce, down by $ 1.97. On the other hand, silver is trading at a level of $ 23.50 an ounce with a gain of $ 0.02.

Read More :- Latest Business News

First published on: Feb 04, 2023 06:48 AM IST

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