Gold Price Update: If you also want to buy gold or gold jewelry during the time of marriage, then there is important and good news for you. There has been a steady decline in the prices of gold and silver for some time now. Due to which a lot of enthusiasm is being seen among the people regarding the purchase of yellow metal.
On the fifth and last day of this trading week, along with gold, there was a big fall in the price of silver. After this fall, gold has reached below Rs 50000 per 10 grams and silver has reached near Rs 59000 per kg. With this, gold is now getting cheaper by about Rs 5700 and silver by more than Rs 20800 from its all-time high.
On the fifth day of this trading week, gold prices fell by Rs 653 per 10 grams and silver by Rs 690 per kg. On Friday, gold became cheaper by Rs 653 per ten grams and closed at Rs 50465 per 10 grams. Earlier, on the last trading day on Thursday, gold became cheaper by Rs 87 per 10 grams and closed at Rs 51118. Whereas on Friday, silver became cheaper by Rs 690 and closed at Rs 59106 per kg. Earlier on Thursday, silver became cheaper by Rs 1654 per kg and closed at 59796 per kg level.
14 to 24 carat gold latest price
On Friday, 24 carat gold became cheaper by Rs 653 by Rs 50465, gold of 23 carat became cheaper by Rs 50263, gold of 22 carat 598 became cheaper by Rs 46226, gold of 18 carat became cheaper by Rs 490 by Rs 37849 and gold of 14 carat became cheaper by Rs 382. It was closed at the level of Rs 29522 per 10 grams.
Gold 5735 and silver 20874 is getting cheaper from all time high
After this fall, gold was selling cheaper than its all-time high by about Rs 5082 per 10 grams. 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 20184 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 76-day war between Russia and Ukraine 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.
