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Update on Gold Price: Gold, Silver showing its sheen, Gold slips by Rs 2,571, silver by Rs 1,5332! Don’t miss it

Update on Gold Price: Gold and silver ready to show its real shine with a decline in rate after a week during wedding season. Prices for gold and silver fluctuate from time to time. On Tuesday, the price of gold down by Rs 225 per 10 gram, while the price of silver fell by Rs […]

Edited By : Divya Richa | Updated: Dec 7, 2022 10:20 IST
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Gold Silver Price Today
Gold Silver Price

Update on Gold Price: Gold and silver ready to show its real shine with a decline in rate after a week during wedding season. Prices for gold and silver fluctuate from time to time.

On Tuesday, the price of gold down by Rs 225 per 10 gram, while the price of silver fell by Rs 1,116 per kg. Following this decline, gold closed Tuesday at Rs 53,700 per 10 gram and silver at Rs 64,700 per kg. People now have a fantastic opportunity to purchase gold for Rs 2,500 per 10 gram and silver for less than Rs 15,300 per kg.

On Tuesday, the second trading day of the week, gold (Gold Price) closed at Rs 53629 per kg, down Rs 225 per 10 gram. On the other hand, gold increased by Rs 198 per 10 grammes on Monday and closed at Rs 53,854 per 10 gram.

Along with gold, the price of silver fell on Tuesday. Silver fell by Rs 225 per kg to close at Rs 64648 per kg. On the other hand, on Monday’s last trading day, silver closed at Rs 65764 per kg, an increase of Rs 1330 per kg.

14 to 24 carat gold price

On Tuesday, 24 carat gold fell by Rs 225 to Rs 53629, 23 carat gold fell by Rs 224 to Rs 53414, 22 carat gold fell by Rs 206 to Rs 49124, 18 carat gold fell by Rs 169 to Rs 40222, and 14 carat gold fell by Rs 132 and closed at Rs 31373 per 10 gram.

Gold is down Rs 2500 and silver is down Rs 15300 from all-time highs

Gold is currently selling for Rs 2571 per 10 gram less than its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten gram. Silver, on the other hand, was falling below its all-time low of Rs 15332 per kg. Silver’s all-time high price is Rs 79980 per kg.

Do not put off purchasing gold

According to bullion market specialists, there is still plenty of time left in the wedding season. In such a case, the price of gold and silver will continue to rise in the following days. Furthermore, these experts believe that the price of gold will shortly approach or exceed its all-time high in the new year 2023. In such a case, if you have a wedding here as well and want to acquire gold, do it as soon as feasible. In order for you to profit.

During the wedding season, gold and silver prices continue to fluctuate. Gold and silver prices fluctuate between rising and falling. As a result, during the wedding season, jewellery buyers are at a loss as to when it is appropriate to purchase gold and silver, i.e. when it is cheaper. Meanwhile, the prices of gold and silver have risen this business week.

Update on Gold Price: Know current price via Missed call

You can get the retail price of 22 carat and 18 carat gold jewellery by calling 8955664433. Rates will be sent to you through SMS shortly. You can also go to www.ibja.co or ibjarates.com.

How to check purity of gold

The government has launched an app that allows you to examine the purity of gold right now. Customers can use the BIS Care app to determine the purity of gold. This software allows you to not only check the purity of gold, but also make a complaint against it.

First published on: Dec 07, 2022 06:30 AM IST
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