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Today’s Gold rate: Gold breaches Rs54K mark, silver crosses Rs 68,000; know rate here!

Today’s Gold rate: The price of gold and silver has been rising steadily over the past few months. Along with gold, silver also experienced a significant increase in price on the third day of this trading week. On Wednesday, the price of silver increased significantly to Rs 328 per kg, while the price of gold […]

Edited By : Divya Richa | Updated: Dec 22, 2022 11:41 IST
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Today’s Gold rate: The price of gold and silver has been rising steadily over the past few months. Along with gold, silver also experienced a significant increase in price on the third day of this trading week. On Wednesday, the price of silver increased significantly to Rs 328 per kg, while the price of gold increased to Rs 195 per 10 grammes. Following this, gold’s price for 10 grammes rose to Rs 54,700 on Wednesday. On the other hand, silver reached Rs 68,000 per kilogramme before closing.

However, People can buy silver at Rs 11,000 per kg  cheaper rate and gold for Rs 1,500 every 10 grammes from all its time high rate. If the bullion market’s analysts are to be believed, the period of rising gold and silver prices may continue.

Gold (Today’s Gold rate) closed at a price of Rs 54700 per kg on Wednesday, the third day of this trading week, with a gain of Rs 195 per 10 grammes. In contrast, gold increased in price by Rs 257 per 10 kilos on Tuesday’s final trading day, closing at Rs 544505 for 10 grammes.

Along with gold, the price of silver (Gold Price Update) increased on Wednesday. At the close, silver increased by Rs 328 to Rs 68177 per kilogramme. The price of silver increased by Rs 951 per kg and concluded at Rs 67849 per kg on Tuesday, the last trading day.

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14 to 24 carat Today’s Gold rate

In this way, the price of gold increased on Tuesday, closing at Rs 32000 per 10 kilos for 24-carat gold, Rs 54,700 for 23-carat gold, Rs 194 for 54,481 for 22-carat gold, Rs 178 for 50,105 for 18-carat gold, Rs 146 for 41-carat gold, and Rs 115 for 14-carat gold.

Gold down by Rs1,500; silver by Rs11,000 from all-time highs

The price of gold per 10 grammes is today roughly Rs 1500 less than it was at its peak. Let me inform you that gold reached its peak in August 2020. At that point, the price of gold per 10 kilos had increased to Rs 56200. On the other side, silver was becoming more affordable than it had ever been, costing Rs 11803 per kilogramme. Silver’s all-time high price is Rs. 79980 per kilogramme.

Do not wait to purchase gold

The wedding season will continue for quite some time after Kharmas, along with Makar Sankranti on January 14, according to bullion market specialists. In such a scenario, the price of gold and silver will continue to rise over the next few days. Additionally, according to these individuals, the price of gold will soon reach or surpass its maximum level in the new year of 2023. If you have a wedding here as well and wish to buy gold in this situation, do it as soon as you can. in order for you to gain something.

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Know Today’s Gold rate thorugh missed call

You can leave a missed call at 8955664433 to learn the retail price of 22 and 18 carat gold jewellery. Soon you’ll receive an SMS with the rates. Additionally, for ongoing updates, check out www.ibja.co or ibjarates.com.

Check purity of gold

The government has created an app that allows you to do this if you want to check the purity of gold right now. Customers can check the purity of gold using the BIS Care app. You can not only examine the purity of gold with this app, but you can also file a complaint against it.

Gold is 24 carat gold

Let us inform you that while 24 carat gold is thought to be the finest, jewellery cannot be manufactured from it due to its extreme softness. Due to this, most jewellery and other pieces of jewellery are made of 22-carat gold. While 22 carat gold is roughly 91 percent pure, 24 carat gold is 99.9 percent pure. While 24 carat gold is brilliant, jewellery can only be manufactured from 22 carat gold by adding 9% additional metals, such as copper, silver, and zinc. Because of this, most store owners only sell 22-carat gold.

Read More :- Latest Business News

First published on: Dec 22, 2022 07:05 AM IST
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