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Gold rate update, 16 February: Win-win deal for gold buyers! Gold drops by 2,539 per 10 grams

Gold rate update, 16 February: Gold on Thursday recorded a fall of Rs 135 and dropped to the rate of Rs56,343 per 10 grams. While silver on Thursday witnessed a marginal rise of Rs 63 and reached to the level of Rs 65474 per kg. This downtick in precious metals has brought zeal among the […]

Gold rate Update
Gold rate Update

Gold rate update, 16 February: Gold on Thursday recorded a fall of Rs 135 and dropped to the rate of Rs56,343 per 10 grams. While silver on Thursday witnessed a marginal rise of Rs 63 and reached to the level of Rs 65474 per kg. This downtick in precious metals has brought zeal among the buyers in the wedding season. This is indeed a golden opportunity to get jewellery at cheaper rates.

Gold rate update, 16 February on IBJA

According to Indian Bullion Jewelers Association, today the rate of gold has opened at the level of Rs 56343 per ten grams. At the same time, it had closed at the level of Rs 56478 per ten grams on the previous trading day. Thus, today gold opened with a decline of Rs 135 per ten grams.

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Read More :-PETROL DIESEL PRICE ON FEBRUARY 17 2023: GRAB WEEKEND OFFER ON FUEL! KNOW CURRENT PRICE IN YOUR CITY HERE

Gold cheaper by Rs 2,539; Silver by Rs 14,506

However, even after this, gold is still selling cheaper by about Rs 2539 per 10 grams than its all-time high. Gold made its all-time high on February 2, 2023. At that time gold had gone up to the level of Rs 58882 per ten grams. Whereas today the rate of silver is open at Rs 65474 per kg. Silver had closed at 65411 per kg on the previous trading day. Thus, today the rate of silver opened with a gain of Rs 63 per kg.

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Gold on MCX

Gold is being traded on MCX in the Thursday morning. Gold is being traded with a fall on the Multi Commodity Exchange (MCX). The futures trade of 5 April 2023 in gold is trading at a level of Rs 56,090.00 with a fall of Rs 36.00. On the other hand, the futures trade of silver on March 3, 2023, is trading at a level of Rs 65,440.00 with a gain of Rs 19.00.

Gold on international market

Know at what rate gold is being traded in the international market Gold is being traded rapidly in the international market. In the US, gold is trading at a gain of $ 0.53 at the rate of $ 1,837.02 an ounce. On the other hand, silver is trading down by $ 0.01 at the level of $ 21.64 an ounce.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 16, 2023: NEW FUEL RATES RELEASED TODAY? KNOW CURRENT PRICE IN YOUR CITY HERE

Gold, Silver Price in big cities

Delhi Gold Price

22ct Gold : Rs. 52150, 24ct: Rs. 56880, Silver Price : Rs. 69000

Mumbai Gold Price

22ct Gold : Rs. 52000, 24ct: Rs. 56730, Silver Price : Rs. 69000

Kolkata Gold Price

22ct Gold : Rs. 52000, 24ct: Rs. 56950, Silver Price : Rs. 69000

Chennai Gold Price

22ct Gold : Rs. 52800, 24ct: Rs. 57600, Silver Price : Rs. 71800

Hyderabad Gold Price

22ct Gold : Rs. 52000, 24ct: Rs. 56730, Silver Price : Rs. 71800

Bangaluru Gold Price

22ct Gold : Rs. 52050, 24ct Rs. 56780, Silver Price : Rs. 71800

Mangalore Gold Price

22ct Gold : Rs. 52050, 24ct Rs. 56780, Silver Price : Rs. 71800

Ahmedabad Gold Price

22ct Gold : Rs. 52050, 24ct Rs. 56780, Silver Price : Rs. 69000

Surat Gold Price

22ct Gold : Rs. 52050, 24ct Rs. 56780, Silver Price : Rs. 69000

Pune Gold Price

22ct Gold : Rs. 52000, 24ct: Rs. 56730, Silver Price : Rs. 69000

Bhubaneswar Gold Price

22ct Gold : Rs. 52000, 24ct: Rs. 56730, Silver Price: Rs. 71800

Chandigarh Gold Price

22ct Gold : Rs. 52150, 24ct: Rs. 56880, Silver Price: Rs. 69000

Bhopal Gold Price

22ct Gold : Rs. 52930, 24ct: 55580, Silver Price : Rs. 71,800

Indore Gold Price

22ct Gold : Rs. 52930, 24ct: 55580, Silver Price : Rs. 71,800

Jaipur Gold Price

22ct Gold : Rs. 52150, 24ct: Rs. 56880, Silver Price : Rs. 69000

Patna Gold Price

22ct Gold : Rs. 52050, 24ct: Rs. 56780, Silver Price : Rs. 69000

Lucknow Gold Price

22ct Gold : Rs. 52150, 24ct: Rs. 56880, Silver Price : Rs. 69000

Noida Gold Price

22ct Gold : Rs. 52150, 24ct: Rs. 56880, Silver Price : Rs. 69000

Gurugram Gold Price

22ct Gold : Rs. 52150, 24ct: Rs. 56880, Silver Price : Rs. 69000

Read More :- Latest Business News

HISTORY

Written By

Divya Richa

Updated By

Manish Shukla

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