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Gold rate, 12 December 2022: Gold drops by Rs2,263, now buy 10 grams for Rs31,553

Gold rate, 12 December 2022: During the season of various types of weddings, including weddings, people are shopping for gold and silver ornaments based on their demands. Meanwhile, if you’re looking to buy gold and silver at cheaper price, there’s some relief news for you. However, along with gold, the price of silver increased in […]

Edited By : Divya Richa | Updated: Dec 12, 2022 06:55 IST
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The festive season is going to start once again. In such a situation, if you are also planning to buy gold or gold jewelry, then there is good news for you.

Gold rate, 12 December 2022: During the season of various types of weddings, including weddings, people are shopping for gold and silver ornaments based on their demands. Meanwhile, if you’re looking to buy gold and silver at cheaper price, there’s some relief news for you. However, along with gold, the price of silver increased in the previous trading week but it is still cheaper that its all time high mark. Gold gained Rs 281 per 10 gramme while silver gained Rs 1,697 per kg in the previous trading week.

After two days, a new rate will be issued today

The new business week begins today. Today marks the start of the new business week. Previously, the price of gold and silver on the bullion market fell in the previous trading week. In such a case, everyone’s attention will be focused today on how gold and silver move in the Indian bullion market on the opening day of the new business week.

Gold and silver price on Friday

Gold closed at Rs 53937 per 10 gramme on Friday (9 December 2022), the last day of the previous trading week, and silver at Rs 66131 per kg. On the other hand, gold closed at Rs 53656 and silver at 64434 on Friday (2 December 2022), the last day of the preceding trading week.

In addition to gold, the price of silver increased on Friday. Silver rose 773 rupees to Rs 66131 per kilogramme. On Thursday, the silver rate closed at Rs 65358 per kg, a gain of Rs 640 per kg from the previous trading day.

The most recent 14 to 24 carat gold price

Thus, 24-carat gold increased in price by Rs 157 to Rs 53,937 on Friday, 23-carat gold increased in price by Rs 156 to Rs 53,721, 22-carat gold increased in price by Rs 133 to Rs 49,406, 18-carat gold increased in price by Rs 118 to Rs 40,453, and 14-carat gold increased in price by Rs 118 to Rs 40,453. Gold increased in price by Rs 92, closing at Rs 315553 per 10 kilos.

Gold is down Rs 2200 and silver is down Rs 13,800 from all-time highs

Gold is currently selling for Rs 2263 per 10 grammes less than its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten kilos. Silver, on the other hand, was falling below its all-time low of Rs 13849 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogramme.

Do not put off purchasing gold

According to bullion market specialists,. In such a case, the price of gold and silver will continue to rise in the following days. Furthermore, these experts believe that the price of gold will shortly approach or exceed its all-time high in the new year 2023. In such a case, if you have a wedding in next season as well and want to acquire gold, do it as soon as feasible. In order for you to profit.

During the wedding season, gold and silver prices continue to fluctuate. Gold and silver prices fluctuate between rising and falling. As a result, during the wedding season, jewellery buyers are at a loss as to when it is appropriate to purchase gold and silver, i.e. when it is cheaper. Meanwhile, gold and silver prices have been steadily rising throughout the business week. Gold rate, 12 December 2022 is based on Friday rates.

Know gold price through missed call

You can get the retail price of 22 carat and 18 carat gold jewellery by calling 8955664433. Rates will be sent to you through SMS shortly. In addition, you can stay up to date by visiting www.ibja.co or ibjarates.com.

Check the purity of gold

If you want to check the purity of gold right now, the government has created an app for that. Customers can check the purity of gold using the BIS Care app. You can use this app to not only check the purity of gold, but also to file a complaint about it.

The purest gold is 24 carat gold, 

Let us inform you that 24 carat gold is the finest, yet it cannot be used to make jewellery since it is too soft. As a result, 22 carat gold is commonly employed in the creation of jewellery or jewellery. 24 carat gold is 99.9% pure, while 22 carat gold is around 91 percent pure. Jewelery is manufactured by combining 9% other metals such as copper, silver, and zinc in 22 carat gold, whereas 24 carat gold is brilliant but cannot be used to make jewellery. That is why most jewellers sell 22 carat gold.

First published on: Dec 12, 2022 06:30 AM IST
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