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Good news for those looking to buy gold, the price reached a low of 3 months

by Vikram Dave
19/05/2022
in Business
Reading Time: 3 mins read
0
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Good news for those looking to buy gold, the price reached a low of 3 months

Gold Price: If you want to buy gold or gold jewelry then there is good news for you. According to one figure, the price of gold has reached its three-month low. In the past few days, along with gold, there has been a big fall in the price of silver. At present, gold is getting 50300 and silver at the rate of less than Rs 62000 per kg. Not only this, at present gold is getting cheaper by Rs 5900 and silver by more than Rs 18000 from its all-time high.

In such a situation, according to the experts of the bullion market, at this time Sleep And buying silver can prove beneficial for you. According to these people, a large number of people are also taking advantage of this opportunity. In the season of marriage, where people are fiercely buying yellow metal, people are also investing in it.

At the same time, these people say that a slight decline in the price of gold and silver can be recorded. It is expected that in the coming few days, the price of gold may remain between Rs 48000 to 50000 thousand per 10. In such a situation, these people say that now people who want to buy it should not wait any longer.

Let us tell you that on Wednesday, May 18, 24 carat gold was closed at Rs 50283, 23 carat gold Rs 50082, 22 carat gold Rs 46059, 18 carat gold Rs 37712 and 14 carat Rs 29416 per 10 grams. . While silver closed at Rs 61149 per kg. In this way, gold was selling cheaper by about Rs 5917 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. On the other hand, silver is getting cheaper at the rate of about Rs 18831 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg.

Know the latest price of gold like this

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.

Know the purity of gold like this

If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.

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.

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