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Gold Price Update: Nothing is better than sliding Gold price; Gold further drops by over Rs2,700

Gold Price Update: Last week, the rate of gold had closed at the level of Rs 56175 per 10 grams on Friday. On the other hand, the rate of gold had closed at the level of Rs 57060 per 10 grams on Monday. In this way, the rate of gold has decreased by Rs 885 […]

Edited By : Divya Richa | Updated: Feb 20, 2023 11:26 IST
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Gold Price Update: Nothing is better than sliding Gold price; Gold further drops by over Rs2,700

Gold Price Update: Last week, the rate of gold had closed at the level of Rs 56175 per 10 grams on Friday. On the other hand, the rate of gold had closed at the level of Rs 57060 per 10 grams on Monday. In this way, the rate of gold has decreased by Rs 885 per ten grams during the whole week.

Rate of Silver

Now know the rate of silver, the rate of silver has also decreased in the last week. Silver rate had closed at Rs 64500 per kg on Friday. On the other hand, the rate of silver had closed at the level of Rs 66371 per kg on Monday. In this way, the rate of silver closed with a fall of Rs 1871 per kg in the whole week.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 19: FUEL PRICE CHANGED? KNOW CURRENT RATES IN YOUR CITY

Gold cheaper by Rs 2,707;Silver by Rs15380 from all time high

The gold rate is below the all-time high Gold is being sold cheaper by Rs 2,707 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. On the other hand, silver is also trading below its all-time high of Rs15,380. Silver made its all-time high of Rs 79,880 in April 2011.

Know rate 14k to 24K

24 carat gold became costlier by Rs 56175 per 10 grams, 23 carat gold by Rs 56180 per 10 grams, 22 carat gold by Rs 54830 per 10 grams, 18 carat gold by Rs 45500 per 10 grams and 14 carat gold by is trading at the level of Rs 36230 per 10 grams.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 20: MONDAY SEES FUEL PRICE CHANGE? KNOW CURRENT RATES IN YOUR CITY

How high Gold price can go

The price of gold can go high in 2023 as per Sumit Bagadia, Executive Director of Choice Broking, He predicted a rise in gold prices in 2023. According to him, the gold rate can show a level of Rs 58,888 to Rs 61,111 per 10 grams.

Read More :- Latest Business News

First published on: Feb 20, 2023 06:30 AM IST
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