Gold, Silver rate Update: There is some good news for individuals looking to purchase gold during the wedding season. The persistent climb in the price of gold over the last few days appears to have slowed it. On the second trading day of this trading week, the yellow metal’s prices fell. On Wednesday, the price of gold fell by Rs 46 per 10 gram, while the price of silver rose by Rs 70 per kilogram. Following this decline, gold finished Wednesday at roughly Rs 53,600 per 10 gram and silver at Rs 64700 per kg. People can currently purchase gold for roughly Rs 2,600 per 10 gram and silver for a lower price of Rs15200 per kg.
Gold, Silver rate Update: Gold (Gold Price) closed at Rs 53,583 per kg on Wednesday, the second day of current business week, down Rs 46 per 10 gram. Gold rose by Rs 225 per 10 gram on Tuesday, the previous trading day, and concluded at Rs 53629 per 10 gram.
Along with gold, the price of silver fell on Wednesday. Silver fell by Rs 70 per kilogram to close at Rs 64718 per kg. On the other hand, on Tuesday’s previous trading day, silver ended at Rs 64648 per kg, an increase of Rs 1116 per kg.
14 to 24 carat gold price
As a result, on Wednesday, 24 carat gold fell by Rs 46 to Rs 53583, 23 carat gold fell by Rs 46 to Rs 53368, 22 carat gold fell by Rs 42 to Rs 49082, 18 carat gold fell by Rs 35 to Rs 40187, and 14 carat gold fell by Rs 35 to Rs 40187. Gold fell by Rs 27 and concluded at Rs 31346 per 10 gramme.
Gold is down Rs 2600 and silver is down Rs 15300 from all-time highs
Gold is currently selling for Rs 2617 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 15262 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogramme.
Do not put off purchasing gold
According to bullion market specialists, there is still plenty of time left in the wedding season. 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 here 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, the prices of gold and silver have risen this business week.
Know 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. You can also go to www.ibja.co or ibjarates.com.