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Today’s gold rate: Gold slips by Rs 1,400 after surge of Rs199! Details here

Today’s gold rate: Last few days of this week has witnessed upward trend in gold and silver prices. On the third day of the trading week the price of gold and silver in the Indian bullion market has significantly increased. The price of gold increased to Rs 199 for every 10 grammes, while the cost of silver increased to Rs 522 for every kilogramme on Wednesday. Silver is currently selling for Rs 69,000 per kg, and gold is still being sold for Rs 54,700 per 10 grammes even after this surge.

Significantly, the price of gold and silver has been steadily rising for the past few months. Although there has been a small decline in price in between, overall the price of yellow metal is at an all-time high and is about to shatter all previous records. There is scepticism among consumers regarding the buying of gold and silver due to their rising costs. People struggle to comprehend when it is advantageous for them to purchase gold and silver. However, according to analysts in the bullion market, there is still a fantastic opportunity for customers to purchase gold and silver at a discount. Because the price of silver will rise more in the next days along with the price of gold, and both could set a new record.

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Today’s gold rate on IBJA

According to the Indian Bullion Jewelers Association (IBJA) website, gold (Gold Price Update) increased in price by Rs 199 per ten grammes on Wednesday (December 21), the third day of this trading week, and opened at a price of Rs 54704 per gramme. Tuesday’s final trading day saw the price of gold increase by Rs 257 and conclude at Rs 54505 for 10 grammes.

Silver, on the other hand, opened at a level of Rs 68471 per kg with a gain of Rs 522 (see Silver Price Update). In contrast, silver increased by Rs 951 on Tuesday’s final trading day to close at Rs 66849 per kilogramme.

Gold, silver on MCX

Today’s Multi Commodity Exchange gold and silver trade is brisk, similar to the Indian Bullion Jewelers Association (IBJA) (MCX). Today, the price of gold on the MCX is Rs 90 more than yesterday, at Rs 54,988. Silver, meanwhile, is up Rs 208 and priced at Rs 69,850.

Gold down by Rs1400, Silver by Rs11,000 from all-time highs

The price of gold per 10 grammes is currently Rs 1496 less than it was at its peak. In August 2020, gold reached its highest point ever. At that time, the price of gold had increased to Rs 56,200 for 10 kilos. Silver, on the other hand, was becoming more affordable than it had ever been, at a price of Rs 11509 per kilogramme. Silver’s all-time high price is Rs. 79980 per kilogramme. For individuals who want to purchase gold or silver in such a scenario, this may prove to be an excellent buying opportunity.

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14 to 24 carat

Accordingly, the current price for 10 grammes of 24 carat gold is Rs. 54704; for 10 grammes of 23 carat gold, Rs. 54485; for 10 kilos of 22 carat gold, Rs. 50109; for 10 grammes of 18 carat gold, Rs. 41028; and for 10 grammes of 14 carat gold, approx. is currently trading at Rs. 32002 for 10 grammes.

Today’s gold rate in the world market

Unlike the Indian bullion market, gold and silver are currently selling at lower prices on the global market. Silver was trading at $24 per ounce and gold was down $2.48 at $1,814 per ounce in the US.

Gold, Silver in major cities

  • Delhi Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

  • Mumbai Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 70100

  • Kolkata Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 69300

  • Chennai Gold Price

22ct Gold : Rs. 51150, 24ct Gold : Rs. 55800, Silver Price : Rs. 74700

  • Hyderabad Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 74700

  • Bangalore Gold Price

22ct Gold : Rs. 50150, 24ct Gold : Rs. 54700, Silver Price : Rs. 74700

  • Mangalore Gold Price

22ct Gold : Rs. 50150, 24ct Gold : Rs. 54700, Silver Price : Rs. 74700

  • Ahmedabad Gold Price

22ct Gold : Rs. 50150, 24ct Gold : Rs. 54700, Silver Price : Rs. 70100

  • Surat Gold Price

22ct Gold : Rs. 50150, 24ct Gold : Rs. 54700, Silver Price : Rs. 70100

  • Nagpur Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 70100

  • Pune Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 70100

  • Bhubaneswar Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 74700

  • Chandigarh Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

  • Bhopal Gold Price

22ct Gold : Rs. 51,030 24ct Gold : 53,580 Silver Price : Rs. 74,700

  • Indore Gold Price

22ct Gold : Rs. 51,030 24ct Gold : 53,580 Silver Price : Rs. 74,700

  • Jaipur Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

  • Lucknow Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

  • Patna Gold Price

22ct Gold : Rs. 50150, 24ct Gold : Rs. 54700, Silver Price : Rs. 70100

  • Noida Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

  • Ghaziabad Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

  • Gurugram Gold Price

22ct Gold : Rs. 50250, 24ct Gold : Rs. 54820, Silver Price : Rs. 70100

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