Gold Price Update: If you are also planning to buy gold or gold jewelry during the wedding season, then there is important news for you. Gold and silver prices have continued to fall for the past several days. On Tuesday, the second day of this trading week, gold prices fell by about Rs 800 per 10 grams and silver by Rs 900 per kg. After this fall, gold has once again reached Rs 51000 per 10 grams and silver has reached below Rs 60000 per kg. After this fall, gold is getting cheaper by about Rs 5500 and silver by Rs 20,000 from its all-time high.
On Tuesday, gold became cheaper by Rs 788 per ten grams and closed at Rs 50647 per 10 grams. Whereas on the last trading day on Monday, gold became costlier by Rs 500 per ten grams and closed at Rs 51435 per 10 grams.
On Tuesday, silver became cheaper by Rs 946 and closed at Rs 59966 per kg. Whereas on the last trading day on Monday, silver became costlier by Rs 31 and closed at Rs 60912 per kg.
14 to 24 carat gold latest price
In this way, on Tuesday, 24 carat gold became cheaper by Rs 788 by Rs 50647, 23 carat gold 785 became cheaper by Rs 50444, 22 carat gold 721 became cheaper by Rs 46393, 18 carat gold by Rs 591 became cheaper by Rs 37985 and 14 carat gold. It was cheaper by Rs 461 and closed at Rs 29628 per 10 grams.
Gold 5500 and silver 20000 rupees is getting cheaper from all time high
After this fall, gold was selling cheaper by Rs 5553 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. At the same time, silver was getting cheaper at the rate of about Rs 20014 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg.
Movement in the price of gold and silver in the international market
In fact, amidst the ongoing war between Russia and Ukraine for the last 112 days and the volatility in the price of crude oil in the international market, there is a situation of volatility in the bullion market around the world including India. In such a situation, there is a movement in the price of gold and silver all over the world.
Know the latest price of gold like this by giving a missed call
You can give a missed call to 8955664433 to know the retail rates of 22 karat and 18 karat gold jewellery. Rates will be received through SMS in a short time. Along with this, you can visit www.ibja.co or ibjarates.com for information about frequent updates.
24 carat gold is purest
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. Therefore, mostly 22 carat gold is used in making jewelery or jewellery. 24 carat gold is 99.9 percent quality and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its ornaments cannot be made. That’s why most of the shopkeepers sell gold in 22 carats.