Gold Price, 9 December 2022: There is some good news for those who plan to acquire gold during the wedding season. The drop in gold prices over the last two days has slowed it. The yellow metal’s price increased on the fourth trading day of this trading week. On Thursday, the price of gold rose by Rs 197 per 10 gramme, while the price of silver rose by Rs 640 per kilogramme. Following this increase, gold closed Thursday at Rs 53,800 per 10 gramme and silver at Rs 65,400 per kg. At the moment, individuals may purchase gold at around Rs 2400 per 10 gramme and silver for less than Rs 14600 per kg.
On Thursday, the second trading day of the week, gold (Gold Price) finished at Rs 53780 per kg, up Rs 197 per 10 grammes. Gold fell by Rs 46 per 10 gramme on the last trading day, Wednesday, and finished at Rs 53583 per 10 gramme.
Gold Price, 9 December 2022: In addition to gold, the price of silver increased on Thursday. Silver rose 640 rupees to Rs 65358 per kilogramme. On the other hand, on the previous trading day, Wednesday, silver ended at Rs 64718 per kg, a gain of Rs 70 per kg.
14 to 24 carat gold rate
Thus, on Thursday, 24 carat gold became costlier by Rs 197 to Rs 53780, 23 carat gold by Rs 197 to Rs 53565, 22 carat gold by Rs 181 to Rs 49263, 18 carat by Rs 148 to Rs 40335 and 14 carat Gold became costlier by Rs 115 and closed at Rs 31461 per 10 grams.
Gold slips Rs2400 while silver is down Rs14600 from its all-time high.
Gold is currently selling for Rs 2420 per 10 grammes less than its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten kilos. Silver, on the other hand, was falling below its all-time low of Rs 14622 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogramme.
Do not put off purchasing gold
According to bullion market specialists, there is still plenty of time left in the wedding season. In such a case, the price of gold and silver will continue to rise in the following days. Furthermore, these experts believe that the price of gold will shortly approach or exceed its all-time high in the new year 2023. In such a case, if you have a wedding here as well and want to acquire gold, do it as soon as feasible. In order for you to profit.
During the wedding season, gold and silver prices continue to fluctuate. Gold and silver prices may rise and fall.