Gold price update: If you are also considering buying gold or gold jewelry, there is some important news for you. The fall in the price of gold and silver has continued continuously for several days. After this fall, gold fell again below Rs 51,000 per 10 grams and silver Rs 61,000 per kg. After this fall, gold becomes cheaper by around Rs 5,000 and silver by Rs 18,000 compared to its all-time high.
Fare is not issued on public holidays
It should be noted that the Indian Bullion Jewelers Association (IBJA) website remains closed on public holidays. Therefore, due to the closure on Saturday and Sunday, the market will now open directly on Monday. In fact, Indian Bull and Jewelers Association (IBJA) does not issue gold and silver rates on public holidays as well as Saturdays and Sundays.
It was the price of gold and silver on Friday
On Friday, gold got expensive by Rs 555 per ten grams and closed at Rs 51,169 per 10 grams. While on the last trading day on Thursday, gold got cheaper by Rs 340 per ten grams and closed at Rs 50,614 per 10 grams.
In contrast, silver got expensive by Rs 1026 and closed at Rs 61576 per kg on Friday. While on the last trading Thursday, silver got cheaper by Rs 200 and closed at Rs 60,550 per kg.
Latest price of 14 to 24 karat gold
In this way, on Friday, 24-karat gold became more expensive by Rs 555 by Rs 51,169, 23-karat gold by 553 by Rs 50,964, 22-karat gold by 509 by Rs 46,871, 18-karat gold by Rs 416 by Rs 38377 and 14k gold. 325 got expensive and closed at Rs 29,934 for 10 grams.
5000 gold and 18000 silver are getting cheaper and cheaper
Even after this rise, gold was still selling around 5031 rupees 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 from its peak at the rate of around Rs 18,404 per kg. 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, for more information on continuous updates www.ibja.co That is ibjarates.com can see on
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 19, 2022, 6:35 a.m.
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