New Delhi. As soon as Diwali passed, the prices of gold and silver have fallen. India Bullion and Jewelers Association has given the price of gold and silver in its website on Wednesday. The price of gold and silver on that day is decided in the bullion market only on the price issued by the association. According to India Bullion and Jewelers Association, gold and silver became cheaper on Wednesday as compared to Monday.
The association has informed that on Monday the price of 10 grams of 24 carat gold was Rs 127633. Which fell to 123907 on Wednesday. That means it decreased by Rs 3726. The price of 23 carat gold per 10 grams was Rs 127122 on Monday. It decreased by Rs 3711 on Wednesday. Due to this, the price of 23 carat gold became Rs 123411. The price of 22 carat gold was 116912 on Monday. On Wednesday it became cheaper by Rs 3413 and came to Rs 113499. 18 carat gold was at 95725 on Monday. On Wednesday it fell by Rs 2795 to Rs 92930. At the same time, on Monday, the price of 10 grams of 14 carat gold was Rs 74665. Whereas, on Wednesday its price decreased by Rs 4179 to Rs 70486.
Not only has gold become cheaper, the prices of silver have also fallen significantly. According to India Bullion and Jewelers Association, the price of silver per kilogram in the bullion market on Wednesday became Rs 152501. Whereas, on Monday the price of silver in the bullion market was 16350. In this way the rate of silver has also come down by Rs 10549. The prices of gold and silver were continuously increasing for the last few weeks. The situation was such that gold and silver were making new price records every day. However, gold and silver started becoming cheaper a day before Dhanteras. Well, the wedding season is starting from November. In such a situation, there may be a possibility of increase in the prices of gold and silver.
