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Gold rate, 28 December 2022: Gold rate jumps, but still chance to buy Rs1,500 cheaper rate

Gold rate, 28 December 2022: The price of gold has witnessed a continuous rise for the last one month following the global cues. However, there is a bit relief for gold buyers as it is still Rs 1,500 cheaper from it all time high value. On Wednesday, the third day of the last trading week […]

Edited By : Divya Richa | Updated: Dec 29, 2022 12:53 IST

Gold

Gold rate, 28 December 2022: The price of gold has witnessed a continuous rise for the last one month following the global cues. However, there is a bit relief for gold buyers as it is still Rs 1,500 cheaper from it all time high value. On Wednesday, the third day of the last trading week of this year, gold rate hiked by Rs 48 per 10 grams in the Indian bullion market, while the price of silver was down at Rs 512 per kg. Currently, gold is being sold at Rs 54687 per 10 grams and silver at Rs 68256 per kg.

condition of gold and silver on IBJA

According to the website of the Indian Bullion Jewelers Association (IBJA), on Wednesday (December 28), on the third day of this trading week, gold (Gold Price Update) became costlier by Rs 48 per ten grams and traded at the level of Rs 54687 per ten grams. doing. While on the last trading day, gold (Gold Price) became costlier by Rs 273 and closed at the level of Rs 54639 per 10 grams.

On the other hand, silver (Silver Price Update) is trading at a level of Rs 68256 per kg with a gain of Rs 512. Whereas on Tuesday, on the last trading day, silver climbed by Rs 946 to close at Rs 68768 per kg.

Gold and silver rates on MCX

Unlike the Indian Bullion Jewelers Association (IBJA), gold and silver were trading with a decline on the Multi Commodity Exchange (MCX) today. On MCX, gold is cheaper by Rs 102 at Rs 54,895, while silver is trading at Rs 69,632, down by Rs 169.

Gold is down by Rs 1,500; silver by Rs 11,200 from all-time high

At present, gold is being sold cheaper than its all-time high by Rs 1513 per 10 grams. Gold made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56,200 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 11724 per kg. The all-time high level of silver is Rs 79980 per kg. In such a situation, for those who are planning to buy gold or silver, this can prove to be a good buying opportunity.

14 to 24 Carat Gold rate 28 December

In this way, on Monday, the price of 24 carat gold fell to Rs 54687 per 10 grams, 23 carat gold to Rs 54468 per 10 grams, 22 carat gold to Rs 50093 per 10 grams, 18 carat gold to Rs 41015 per 10 grams and 14 carat gold to approx. Is trading at the level of Rs.31992 per 10 grams.

Gold rate 28 December in international market

Unlike the Indian bullion market, gold and silver are trading with a decline in the international market today. In the US, gold was trading down by $2.19 at $1,810.33 an ounce and silver by $0.09 at $23.94 an ounce.