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Good news for Gold buyers; Gold tumbles again from 7th sky; know rates here

Gold Price Update: In the new year 2023, if you are also planning to buy gold, silver or its jewelry, there is good and important news for you. The continuous rally in gold and silver for the last several days has come to a halt. On Thursday, on the fourth day of this trading week, […]

Edited By : Divya Richa | Updated: Jan 6, 2023 11:19 IST
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Gold Price Update: In the new year 2023, if you are also planning to buy gold, silver or its jewelry, there is good and important news for you. The continuous rally in gold and silver for the last several days has come to a halt. On Thursday, on the fourth day of this trading week, a big fall in the price of gold as well as silver was recorded. Gold and silver have fallen down from the seventh sky. After a long impact, such a huge decline was registered in the price of gold as well as silver. On Thursday, gold fell at the rate of Rs 404 per gram and silver at the rate of Rs 1693 per kg.

Update Gold Price

After this, gold fell to Rs 56,000 per 10 grams on Thursday, while silver fell below Rs 70,000 per kg and closed. After this fall, people have the opportunity to buy gold at Rs.400 per 10 grams and silver at more than Rs.12,000 per kg. However, 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.

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On Thursday, gold (Gold Price Update) became cheaper by Rs 404 per 10 grams and closed at Rs 55796 per kg. Whereas on the last trading day on Wednesday, gold closed at Rs 56142 per 10 grams with a gain of Rs 561 per 10 grams.

On Wednesday also, along with gold, a rise in the price of silver (Gold Price Update) was registered. Silver became costlier by Rs 149 and closed at Rs per kg. Whereas on the last trading day on Wednesday, the silver rate climbed up by Rs 149 per kg and closed at Rs 69371 per kg.

 Update Gold Price 14 to 24 carat

Thus, on Thursday, 24-carat gold became cheaper by Rs 346 to Rs 55,796 per 10 grams, 23-carat gold became cheaper by Rs 344 to Rs 55,573, 22-carat gold became cheaper by Rs 317 to Rs 51,109, 18-carat gold became cheaper by Rs 260 to Rs 41,847. And 14-carat gold became cheaper by Rs 202 and closed at Rs 32641 per 10 grams.

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Gold down by Rs400; silver by Rs 12300 from all-time high

After this fall, gold is currently selling cheaper by Rs 404 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 12302 per kg. The all-time high level of silver is Rs 79980 per kg.

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First published on: Jan 06, 2023 06:30 AM IST
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