Gold Price Today: Wedding season has begun and the price of gold and silver has been steadily rising. Sunday is the mostly shopping day during wedding season. However, the Gold rate on Thursday marginally down but again on Friday Gold rate increased by Rs24. On the fifth and final trading day of this trading week, Friday, the price of gold rose after falling for a day. Gold is now Rs 24 per 10 gram more expensive, while silver is Rs View post53 per kg less expensive. Following this, gold is selling for around Rs 52900 per kg and silver for around Rs 61200.
Even after the boom, the wedding season provides an excellent opportunity to purchase gold and silver at a low cost. Gold is still selling for Rs 3282 per 10 grammes less than its all-time high, and silver is selling for Rs 18727 per kg less. Indeed, bullion market experts predict that, along with gold, the price of silver will rise further in the coming days, and both will set new highs.
IBJA gold and silver condition
According to the Indian Bullion Jewelers Association’s (IBJA) website, gold (Gold Price Update) increased by Rs 24 per ten grammes on Friday (November 18), the fifth day of this trading week, and opened at Rs 52918 per ten grammes. On the other hand, on Thursday’s last trading day, gold fell by Rs 200 per kg and closed at Rs 52894 per 10 grammes.
Today, however, silver (Silver Price Update) fell by Rs. 53 per kg and opened at Rs. 61200 per kg. While silver fell by Rs 1341 on Thursday, closing at Rs 61253 per kg on the last trading day.
MCX gold and silver rates
Gold, like the Indian Bullion Jewelers Association (IBJA), is trading quickly on the Multi Commodity Exchange today (MCX). Today, gold on the MCX is Rs 102 more expensive, trading at Rs 52,945. While silver is currently trading at Rs 61,295 with a Rs 317 increase.
Gold is down Rs 3200 and silver is down Rs 18700 from their all-time highs
Gold is currently selling for Rs 3282 per 10 grammes less than its all-time high. In August 2020, gold reached an all-time high. At the time, gold had reached a price of Rs 56,200 per ten grammes. Silver, on the other hand, was falling below its all-time low of Rs 18727 per kg. Silver’s all-time high price is Rs 79980 per kg. In such a case, those looking to purchase gold or silver may find this to be a good time to do so.
Price of 14 to 24 Carat Gold
In this manner, the current price of 24 carat gold is Rs 52918 per 10 gramme, 23 carat gold is Rs 52706 per 10 gramme, 22 carat gold is Rs 48473 per 10 gramme, 18 carat gold is Rs 39689 per 10 gramme, and 14 carat gold is approximately Rs 52918 per 10 gramme. Is currently trading at Rs 30957 per 10 grammes.
Gold and silver prices on the international market
Gold is trading quickly in the international market today, just like it is in the Indian bullion market. In the United States, gold is trading at a $ 3.69 gain at $1,763.85 per ounce. Silver, on the other hand, is trading at $ 21.10 per ounce, up $ 0.13.
Know the latest gold price by giving a missed call
To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. 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.
Difference between hallmark gold and normal gold
The first and most significant point to note is that there is no difference between normal and hallmarked gold rates. Nobody charges you more to get a hallmarked gold rate. It is the same price at which regular gold is sold. The only difference is that when you buy regular gold, you are guaranteed purity.