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Gold Update: Yellow metal tumbles after surge; skids by Rs1500! Gold time now!

Gold Update, 30 December: If you too are planning to buy gold, silver or its jewellery, then there is good news for you. For the last several months, the continuous rise in the prices of gold and silver seems to have put a brake on it. On the fourth day of the last trading week […]

Edited By : Divya Richa | Updated: Dec 30, 2022 11:32 IST
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Gold Update, 30 December: If you too are planning to buy gold, silver or its jewellery, then there is good news for you. For the last several months, the continuous rise in the prices of gold and silver seems to have put a brake on it. On the fourth day of the last trading week of the year 2022, a decrease in the price of gold was recorded.

On Thursday, gold became costlier by Rs 80 per 10 grams, while silver declined by Rs 8 per kg. After this, gold rose to above Rs 54600 per 10 grams on Thursday. On the other hand, silver fell below Rs 68,000 per kg and closed. After this, people have the opportunity to buy gold at Rs 1500 per 10 grams and silver at more than Rs 12000 per kg. If the experts of the bullion market are to be believed, then the period of increase in the prices of gold and silver may continue.

On Thursday, the fourth day of this trading week, gold (Gold Price Update) closed at a level of Rs 54651 per kg with a gain of Rs 80 per 10 grams. Whereas on the last trading day on Wednesday, gold had closed at a level of Rs 54571 per 10 grams with a softening of Rs 68 per 10 grams.

On Wednesday, once again a decline in the price of gold as well as silver (Gold Price Update) was registered. On Wednesday, silver became cheaper by Rs 8 and closed at Rs 67840 per kg. Whereas on the last trading day on Wednesday, the silver rate fell at the rate of Rs 920 per kg and closed at the level of Rs 67840 per kg.

14 to 24 carat Gold Update 30 December

Thus, on Thursday, 24 carat gold became costlier by Rs 80 to Rs 54651, 23 carat gold by Rs 80 to Rs 54432, 22 carat gold by Rs 73 to Rs 50060, 18 carat by Rs 60 to Rs 40988 and 14 carat Gold became costlier by Rs 47 and closed at Rs 31971 per 10 grams.

Gold down by Rs1500; silver by Rs 12000 from all-time high

Gold is currently selling cheaper by Rs 1549 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. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 12140 per kg. The all-time high level of silver is Rs 79980 per kg.

First published on: Dec 30, 2022 08:23 AM IST
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