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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. However, on the third day of this trading week on Wednesday, the price of gold rose by around Rs 300 per 10 grams and silver by Rs 800 per kg. Even after that, gold is trading around Rs 51,000 per 10 grams and silver below Rs 61,000 per kg. Right now, gold is getting cheaper by around Rs 5,200 and silver by Rs 19,000 from its all-time high.

On Wednesday, gold got expensive by Rs 307 per ten grams and closed at Rs 50,954 per 10 grams. While on the last trading day on Tuesday, gold got cheaper by Rs 788 per ten grams and closed at Rs 50,647 per 10 grams.

Silver, on the other hand, got more expensive by Rs 784 on Wednesday and closed at Rs 60,750 per kg. While on the last trading day on Tuesday, silver got cheaper by Rs 946 and closed at Rs 59,966 per kg.

Latest price of 14 to 24 karat gold

In this way, on Wednesday, 24-karat gold 307 became more expensive by Rs 50,954, 23-karat gold 306 more expensive by Rs 50,750, 22-karat gold 261 more expensive by Rs 46,674, 18-karat gold by Rs 231 and Rs 38216 and 14 carat gold. got expensive by Rs 180 and closed at Rs 29,808 per 10 grams.

5200 gold and 19000 silver are getting cheaper and cheaper

After this fall, gold was selling for less than its all-time high of around Rs 5246 for 10 grams. 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 becoming cheaper at the rate of around Rs 19,230 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 113-day war between Russia and Ukraine and the volatility of crude oil price in the international market, there is a situation of volatility in the bullion market all over 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 approximately 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 16, 2022, 7:01 a.m.

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