Gold Price Update: If you want to buy gold or gold jewelry then there is good news for you. Gold became cheaper on Thursday for the eighth consecutive trading day. Buyers are looking very happy due to this continuous fall in the price of gold and silver during the time of marriage.
On the fourth day of this trading week, the price of silver along with gold was recorded on Thursday. After this fall, gold has once again reached the level of Rs 51000 per 10 grams and silver Rs 64000 per kg. After this fall, gold is getting cheaper by about Rs 4674 and silver by Rs 15714 from its all-time high.
On Thursday, gold has become cheaper by Rs 223 per 10 grams as compared to the previous trading day, while silver recorded a big fall of Rs 1011 per kg. Earlier on Wednesday, a softening of Rs 244 per 10 grams and silver price of Rs 320 per kg was recorded in gold.
On Thursday, gold closed at Rs 51526 per 10 grams. Whereas on Wednesday, gold closed at Rs 51749. On the other hand, silver closed at Rs 64266 per kg. Earlier on Wednesday, silver closed at 65277 per kg level.
14 to 24 carat gold latest price
In this way, on Thursday, 24 carat gold became cheaper by Rs 223 by Rs 51526, 23 carat gold 222 became cheaper by Rs 51320, 22 carat gold 204 became cheaper by Rs 47198, 18 carat gold became cheaper by Rs 167 by Rs 38645 and 14 carat gold 130 Rupee became cheaper and closed at Rs 30143 per 10 grams.
Gold is getting cheaper by Rs 4674 and silver by Rs 15714 from all time high
After this fall, gold was selling cheaper by Rs 46741 per 10 grams than its all-time high. Let us tell you that gold 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 15714 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 63-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 gold price 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, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.
Buy gold only after seeing hallmark
Let us tell you that while buying gold, keep in mind its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines the hallmark. The hallmarking scheme operates under the Bureau of Indian Standards Act, rules and regulations. Hall marks are given by ISO to identify the purity of gold. 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most of the gold is sold in 22 carats, while some people also use 18 carats. Carat is not more than 24, and the higher the carat, the more pure the gold is called.