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Gold rate Update, 3 February 2023: Gold slips from peak high of 58K; best time for gold shopping; know rate here

Gold rate Update, 3 February 2023: Gold on Friday witnessed a fall of Rs 540 and reached at Rs57,930 per gram while Silver also registered a decline of Rs 900 and touched ₹73,800 per kg. This is undoubtedly a great opportunity for people to buy gold and silver at the cheapest rate. Precious metal has […]

Edited By : Divya Richa | Updated: Feb 4, 2023 10:50 IST

Gold rate Update, 3 February 2023: Gold on Friday witnessed a fall of Rs 540 and reached at Rs57,930 per gram while Silver also registered a decline of Rs 900 and touched ₹73,800 per kg. This is undoubtedly a great opportunity for people to buy gold and silver at the cheapest rate. Precious metal has continuously seen a steep rise for the last several month and set all-time high record. Economists have analysed the market following global cues and expect that gold may have crossed the Rs63,000 mark this year. In view of experts’ comment today can be considered the best time for gold purchase.

Gold rate Update, 3 February 2023 on IBJA

As per the website of the Indian Bullion Jewelers Association (IBJA), today the rate of gold has opened at the level of Rs 58013 per 10 grams. At the same time, it had closed at the level of Rs 58882 per 10 grams on the previous trading day. Thus, today gold opened with a decline of Rs 869 per 10 grams. However, even after this, gold is still selling cheaper than its all-time high by about Rs 869 per 10 grams. 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 69745 per kg. Silver had closed at the rate of 71576 per kg on the previous trading day. Thus today the rate of silver opened with a fall of Rs 1831 per kg.

Gold rate Update, 3 February 2023 on MCX

Know at what rate gold is being traded on MCX in the morning Gold is being traded rapidly on the Multi Commodity Exchange (MCX). The futures trade of 5 April 2023 in gold is trading at a level of Rs 57,785.00 with a gain of Rs 90.00. On the other hand, the futures trade of silver on March 3, 2023, is trading at a level of Rs 69,030.00 with a fall of Rs 274.00.

Gold at international market

Know at what rate gold is being traded in the international market Gold is being traded in the international market with a fall. In the US, gold is trading down by $ 2.60 at a rate of $ 1,912.65 an ounce. On the other hand, silver is trading down by $ 0.12 at the level of $ 23.36 an ounce.