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Gold price update: If you are also planning to buy gold or gold jewelry during the wedding season, there is important news for you. Gold and silver prices have continued to fall in recent days. On Tuesday, the second day of this trading week, gold prices fell by around Rs 800 per 10 grams and silver by Rs 900 per kg. After this fall, gold again reached Rs 51,000 per 10 grams and silver fell below Rs 60,000 per kg. After this fall, gold becomes cheaper by around Rs 5,500 and silver by Rs 20,000 compared to its all-time high.

On Tuesday, gold got cheaper by Rs 788 for ten grams and closed at Rs 50,647 for 10 grams. While on the last trading day on Monday, gold became more expensive by Rs 500 per ten grams and closed at Rs 51,435 per 10 grams.

On Tuesday, silver got cheaper by Rs 946 and closed at Rs 59,966 per kg. While on the last trading day on Monday, silver became more expensive by Rs 31 and closed at Rs 60,912 per kg.

Latest price of 14 to 24 karat gold

In this way, on Tuesday, 24-karat gold became cheaper by Rs 788 by Rs 50,647, 23-karat gold 785 became cheaper by Rs 50,444, 22-karat gold 721 became cheaper by Rs 46,393, 18k gold was Rs 591 cheaper by Rs 37985 and 14k gold was cheaper by Rs 461 and closed at Rs 29628 for 10 grams.

5500 gold and 20000 rupees silver become cheaper all time

After this drop, gold was selling for Rs 5553 per 10 grams cheaper than its all time high. Let us tell you that gold had reached its all-time high in August 2020. At that time, gold had reached the level of Rs 56200 per ten grams. At the same time, silver was getting cheaper at the rate of around Rs 20014 per kg from its peak. The highest silver level ever is Rs 79,980 per kg.

Movement of the price of gold and silver in the international market

In fact, in the midst of the ongoing war between Russia and Ukraine for 112 days and the volatility of the price of crude oil in the international market, there is a situation of volatility in the bullion market around the world, including in 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 like this by giving a missed call

You can give a missed call at 8955664433 for retail prices for 22k and 18k gold jewelry. Rates will be received by SMS in a short time. Along with that, you can visit www.ibja.co or ibjarates.com for frequent update information.

24 karat gold is the purest

Let us tell you that 24 karat gold is considered the purest, but jewelry cannot be made from this gold as it is very soft. Therefore, 22 karat gold is mainly used in the manufacture of jewelry or jewelry. 24 karat gold is 99.9% quality and 22 karat gold is about 91% pure. Jewelry is prepared by mixing 9% of other metals like copper, silver, zinc into 22k gold, while 24k gold is shiny, but its ornaments cannot be made. This is why most traders sell 22 karat gold.

first publication:June 15, 2022, 06:36

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