Sunday, February 5, 2023

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Gold, Silver prices soar in festive season

New Delhi: As Diwali festival is round the corner, the price of Gold along with silver has started moving upward. For the past few days, the price of gold and silver has been recording a steady rise. At present, gold is selling above Rs 51,800 per 10 grams and silver above Rs 60,600 per kg. However, gold is still cheaper by about Rs 4300 and silver by Rs 19000 from its all-time high.

New rate will be released today

After this rise, gold is selling above Rs 51800 per 10 grams and silver above Rs 60600 per kg. However, gold is still getting cheaper by about Rs 4300 and silver by Rs 19000 from its all-time high.

On Thursday, gold became expensive by Rs 552 per ten grams and closed at Rs 51838 per 10 grams. Whereas on the last trading day on Tuesday, gold became costlier by Rs 899 per ten grams and closed at Rs 51286 per 10 grams.
On the other hand, silver became cheaper by Rs 364 and closed at Rs 60670 per kg. Whereas on the last trading day on Tuesday, silver became costlier by Rs 3717 per kg and closed at Rs 61034 per kg.

Also Read: Share market on rise today, Sensex rise by 450, Nifty by 17,400 pts

14 to 24 carat gold latest price

In this way, on Thursday, 24 carat gold is 552 expensive by Rs 51838, 23 carat gold becomes 549 rupees expensive by Rs 51630, 22 carat gold 506 becomes costlier by Rs 47484, 18 carat gold by Rs 414 becomes costlier by Rs 38879 and 14 carat Gold became costlier by Rs 323 and closed at Rs 30325 per 10 grams.

Gold is getting cheaper by Rs 4300 and silver by Rs 19300 from all time high

Gold is currently selling cheaper by Rs 4372 per 10 grams than its all-time high. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 19310 per kg from its highest level. The highest ever level of silver is Rs 79980 per kg.

Also Read: Rupee hits all-time low of 82.33 against dollar; downward trend continues

Buy gold only with hallmark

While buying gold, customers must take care of its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards is the only agency in India that determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.

Read More :- Latest Business News

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