Gold rate Update, 7 July 2023: Gold on Friday again slipped by Rs 113 per 10 gram and down to the rate of Rs 58,531 per 10 gram. while the Gold was closed at the rate of Rs 58644 per 10 gram in its last trading on Thursday. On the other hand, Silver recorded a huge fall of Rs 1,181 per kg and dropped at the rate of Rs 69,634 per kg from Rs 70815. This downtrend has brought a zeal among the buyers. (Gold rate Update, 7 July 2023)
Gold slips by Rs 3034; silver by Rs 10,346 from ll time high
Gold is being sold cheaper than its all-time high by about Rs 3034 per 10 grams. Significantly, gold made its all-time high of Rs 61646 per ten grams on 4 May 2023. Whereas silver is getting cheaper at the rate of Rs 10,346 per kg. The all-time high level of silver is Rs 79980 per kg.
14-24 carat gold rate
On Friday, 24 carat gold is available at Rs 58,531 per 10 grams, 23 carat gold at Rs 58,297 per 10 grams, 22 carat gold by Rs 53,614 per 10 grams, 18 carat gold at Rs 43,898 per 10 grams and 14 carat gold is trading at the level of Rs 34,241 per 10 grams.
Gold-silver rates on MCX
Unlike the Indian Bullion Jewelers Association (IBJA), gold and silver are trading with a surge today on the Commodity Exchange (MCX). On MCX, gold surged by Rs 65.00 per 10 grams at Rs 58,466. while silver registered a fall of Rs 50 and reached at Rs 70,274 per kg.
Gold-silver in international market
Both gold and silver are trading fast in the international market today. In the US market, gold was trading up by $3.46 at $1,915.23 an ounce and silver was trading down $0.03 at $22.70 an ounce.