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Gold, Silver rate Update: Sharp fall of Rs540 in gold price, chance to buy gold Rs2,404 cheaper

Gold, Silver rate Update: Gold is gaining its lusture in market and has witnessed a fall of Rs 540 per 10 grams on Wednesday evening and dropped at the level of Rs 56478 per 10 gram. This news has brought a shine on the buyers’ face and tempts them to go for shopping in wedding […]

Edited By : Divya Richa | Updated: Feb 17, 2023 10:54 IST
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Gold price update 20 February 2023: Good news for gold buyers! Gold slips by Rs2,700

Gold, Silver rate Update: Gold is gaining its lusture in market and has witnessed a fall of Rs 540 per 10 grams on Wednesday evening and dropped at the level of Rs 56478 per 10 gram. This news has brought a shine on the buyers’ face and tempts them to go for shopping in wedding season. Footfall has increased in the market with the fall of gold rates. On the other hand silver also registered a fall of Rs Rs 644 and dropped to the rate of Rs Rs 65842 per kg. (Gold, Silver rate Update)

Gold, Silver rate Update on IBJA

According to the gold rate released by the India Bullion and Jewelers Association, the price of 24 carat gold closed at Rs 56478 per 10 grams on Wednesday evening. Whereas this rate was Rs 56,770 per gram on Wednesday morning. Thus, today gold has registered a fall of Rs 292 between morning and evening. On the other hand, gold had closed at the level of Rs 57018 per ten grams on the previous trading day. Thus it has closed with a decline of Rs 540 per 10 grams as compared to the previous trading day. Apart from this, today the rate of silver closed at the level of Rs 65411 per kg. This rate opened at the level of 66055 per kg this morning. Thus, a fall of Rs 644 has been recorded in the rate of silver between morning and evening. Whereas this rate was Rs 65842 per kg on the last trading day. Thus, today the rate of silver has decreased by Rs 431 per kg as compared to yesterday.

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 2,404, Silver by Rs14138 from all time high

Know how far the gold rate is below the all-time high Gold is being sold cheaper by Rs 2,404 per 10 grams than its all-time high. Earlier, 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. On the other hand, silver is also trading below its all-time high of Rs 14138. The all-time high level of silver is Rs 79980 per kg in April 2011.

Gold, Silver rate Update on MCX

Know at what rate the business is being done in the evening in MCX On Multi Commodity Exchange (MCX) this evening, the future trade of gold on April 5, 2023 is trading at a level of Rs 56,158.00 with a fall of Rs 592.00. On the other hand, the futures trade of silver for March 2023 is trading at a level of Rs 65,326.00 with a fall of Rs 925.00.

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

Gold rate at international market

Know at what rate the business is being done in the evening in the international market Business is being done with the fall in gold in the international market. Today, gold is trading in the US with a decline of $ 19.42 at the rate of $ 1,835.47 an ounce. On the other hand, silver is trading down by $ 0.34 at the level of $ 21.53 an ounce.

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HISTORY

Written By

Divya Richa

Edited By

Manish Shukla

First published on: Feb 16, 2023 06:30 AM IST
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