Gold Price Update: Today is the holy festival of Dev Deepawali. Along with this, the season of marriage has returned to the country. If you intend to purchase gold and silver jewellery, there is good news for you. Gold is currently selling at Rs 50,522 per 10 gramme and silver for Rs 58755 per gramme.
New rate will be released on Monday after two days
Actually, a new business week is starting from Monday. Today is the first day of the new business week. Earlier in the last trading week in the bullion market, along with gold, there was a softening in the price of silver. In such a situation, today everyone’s eyes will be on how gold and silver move in the Indian bullion market on the first day of the new trading week.
The price of gold and silver on Friday
The price of gold increased by Rs 408 per 10 grammes on Friday, the fifth and last trading day of this trading week, and it concluded at Rs 50522. In contrast, gold dropped in price by Rs. 710 per ten grammes on Thursday’s final trading day, closing at Rs. 50114 per gramme.
On Friday, the price of silver significantly increased, similar to that of gold. Silver increased in price by Rs. 1706 and ended the day at Rs.
14 to 24 carat gold latest price
In this way, on Friday, 24 carat gold becomes costlier by Rs 408 by Rs 50522, 23 carat gold by Rs 407 by Rs 50320, 22 carat gold by Rs 374 by Rs 46278, 18 carat gold by Rs 306 by Rs 37892 and 14 carat gold. 238 became expensive and closed at Rs 29555 per 10 grams.
Gold is cheaper by around Rs 5600 and silver by Rs 21000 from all time high
Gold is selling cheaper by Rs 5678 per 10 grams than its all-time high.
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. At the same time, silver was getting cheaper at the rate of about Rs 21225 per kg from its highest level. The highest ever level of silver is Rs 79980 per kg.
Give a missed call to learn the most recent gold price
For information on the retail costs of 22 karat and 18 karat gold jewellery, you can leave a missed call at 8955664433. In a little while, rates will be sent to your SMS account. Along with this, you can go to www.ibja.co or ibjarates.com to learn more about frequently updated information.
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There are myriads of reasons to buy in gold during festival season. Besides the traditional point Gold purchase provides you an excellent opportunity for diversification. It is said that there no better tool then gold, when it comes to diversification of assets. . If you have not invested in yellow metal, you are probably committing a mistake. It also provides some relief against poor times. So invest in Gold without coming under the hands of frauds.