Gold Price Update: The zeal of wedding ceremony can be easily noticed across the country. All works take place during this period. Gold has its own distinct place in Indian tradition. Gold, silver are must in wedding. Many people are buying gold and silver jewellery to meet their demands in this situation. Meanwhile, if you want to buy gold and silver at cheaper rate, there is good news for you.
While the price of gold fell in the last trading week, the price of silver rose. In the previous trading week, gold fell by Rs 293 per 10 gramme, while silver rose by Rs 509 per kilogramme. Gold is currently cheaper than its all-time high by Rs 3540 per 10 gram, and silver is cheaper by Rs 18151 per kg.
Gold finished at Rs 52660 per 10 gram and silver at Rs 61829 per kilogramme on Friday, the last day of the previous trading week. On the other hand, gold finished at Rs 52953 and silver at Rs 61320 on the last day of the preceding business week, November 25, 2022 (Friday).
Rates are not issued on Saturday-Sunday
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, now the new rate of gold and silver will be released on Monday.
This was the rate of gold and silver on Friday
On Friday, the first day of this trading week, gold became cheaper by Rs 53 per 10 grams and closed at Rs 52660 per kg. Whereas on the last trading day on Thursday, gold became costlier by Rs 295 per 10 grams and closed at the level of Rs 52713 per 10 grams.
On Friday, along with gold, the price of silver also declined. Silver declined by Rs 437 to close at Rs 61829 per kg. Whereas on Thursday, silver rate closed at a level of Rs 62266 per kg with a gain of Rs 566 per kg.
Latest 14 to 24 carat gold rate
In this way, on Friday, 24-carat gold became cheaper by Rs 53, 52660, 23-carat gold became cheaper by Rs 53, Rs 52,449, 22-carat gold became cheaper by Rs 48, Rs 48,237, 18-carat gold became cheaper by Rs 40, Rs 39,495 and 14-carat gold became cheaper. Gold became cheaper by Rs 31 and closed at Rs 30806 per 10 grams.
Gold is getting cheaper by Rs 3500 and silver by Rs 18100 from all-time high
Gold is currently selling cheaper than its all-time high by Rs 3540 per 10 grams. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 18151 per kg. The all-time high level of silver is Rs 79980 per kg.
Know the latest gold price by giving a 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 the 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.