Gold Price Update: Gold falls by Rs 1,600; chance to buy gold at cheaper rate

Gold Price Updates: The prices of gold and silver have registered a decline once again. Due to this the buyers of gold and silver are looking happy.

On the first day of this trading week, gold (Gold Price Update) became cheaper by Rs 55 per 10 grams and closed at Rs 59,921 per 10 grams on Monday. Whereas earlier on the last trading day on Friday, gold became costlier by Rs 389 per 10 grams and closed at Rs 59976 per 10 grams.

On Monday, along with gold, the price of silver also saw a decline. On Monday, silver became cheaper by Rs 245 and closed at Rs 73432 per kg. Earlier on Friday, silver had become costlier by Rs 175 and closed at Rs 71999 per kg.

14 to 24 carat rate

24 carat gold is trading at Rs 59,921, 23 carat Rs 59,682, 22 carat Rs 54,887, 18 carat Rs 44,940 and 14 carat Rs 35,053 per 10 grams. Let us tell you that the gold and silver rates of MCX and the international market are tax free, hence there is a difference in the rates of the country’s markets.

gold slip Rs 1600; Silver breaks Rs 6508 from its all-time high

After this, gold is selling cheaper by Rs 1725 per 10 grams from its all-time high. Let us tell you that gold had made its all-time high on 4 May 2023. On that day gold had gone up to the level of Rs 61646 per ten grams. At the same time, silver was still getting cheaper from its highest level of Rs.6508 per kg. The all-time high level of silver is Rs 79980 per kg.

Know the latest gold price by giving a missed call

You can give a missed call to 8955664433 to know the retail rate of 22K and 18K gold jewellery. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.