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Gold Price Update: Big jump in gold, silver price; yellow metal at Rs 56,883; know latest rate here

Gold Price Updates: Gold is at its full pace as its rate is increasing with full speed. In the third business week of the new year 2023, there was a continuous rise in the prices of gold and silver. The price of gold crossed its all-time high. At present, gold is being sold at its […]

Edited By : Divya Richa | Updated: Jan 17, 2023 11:06 IST
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Gold Price Updates: Gold is at its full pace as its rate is increasing with full speed. In the third business week of the new year 2023, there was a continuous rise in the prices of gold and silver. The price of gold crossed its all-time high. At present, gold is being sold at its highest ever rate of Rs 56,883 per 10 grams. These are the prices excluding making charges, GST. In fact, due to the increasing havoc of Corona in China, countries around the world have come on alert mode. Its effect is being seen on the bullion market of the world including India.

On Monday, the first day of the third trading week of the new year 2023, along with gold, there was a big jump in the price of silver. On Monday, gold became costlier at the rate of Rs 421 per 10 grams, while the price of silver registered a big jump at the rate of Rs 1052 per kg.

On Monday, gold (Gold Price Update) became costlier by Rs 421 per 10 grams and closed at Rs 56883 per kg. Whereas on the last trading day on Friday, gold closed at Rs 56462 per 10 grams with a jump of Rs 365 per 10 grams.

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On Monday, along with gold, the price of silver (Gold Price Update) also registered a rise. On Monday, silver became costlier by Rs 421 and closed at Rs 69167 per kg. Whereas on the last trading day on Friday, silver rate had gained Rs 152 and closed at Rs 68115 per kg.

14 to 24 carat Gold Price Updates

In this way, on Monday, 24 carat gold became costlier by Rs 421 to Rs 56883, 23 carat gold by Rs 419 to Rs 56655, 22 carat gold by Rs 386 to Rs 52105, 18 carat gold by Rs 315 to Rs 42662 and 14 carat gold by Rs 315. Gold became costlier by Rs 247 and closed at Rs 33277 per 10 grams.

Gold Price Updates: Do not delay in buying gold

According to the experts of bullion market, after Kharmas, on January 15, with Makar Sankranti, the wedding season will start once again in the country. In such a situation, the phase of rise in the price of gold and silver will continue in the coming days. Also, these people say that in this year 2023, the price of gold will continue to remain high. In such a situation, if you have a wedding here too and you want to buy gold, then buy it as soon as possible. So that you can get some benefit.

Gold Rs400 costlier than all time high; silver is down by Rs 10,800

After this boom, gold has started selling costlier by Rs 421 per 10 grams from its all-time high. Let us tell you that earlier on January 13, 2022, gold had made its all-time high. On that day gold had gone up to the level of Rs 56462 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 10813 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.

Know the purity of gold like this

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.

Read More :- Latest Business News

First published on: Jan 17, 2023 06:30 AM IST
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