Gold Price Today: Gold, silver prices fall for 2nd consecutive day

Gold Price Today: Gold, silver prices fall for 2nd consecutive day



Gold Price Today: There is good news for gold buyers. On the second day of this trading week, along with gold, a fall in the price of silver has been recorded. This is the second consecutive day that silver and gold have become cheaper.

Earlier on Monday, a drop in the prices of gold and silver was registered. Today, gold opened at the rate of Rs 182 per 10 grams, while the price of silver dropped by Rs 248 per kg.

According to the website of the Indian Bullion Jewelers Association (IBJA), gold became cheaper by Rs 182 per ten grams and opened at Rs 51509 per ten grams. On the other hand, on the last trading day on Monday, gold had closed at Rs 51691 per ten grams.

On the other hand, silver became cheaper by Rs 248 per kg and opened at Rs 67344 level. Silver had closed on Monday at the rate of 67592 per kg on the last trading day.

Like the Indian Bullion Jewelers Association (IBJA), the Multi Commodity Exchange (MCX) is also witnessing a softening in the price of silver along with gold today. Gold is cheaper by Rs 345 on MCX at Rs 51226 level. While silver is trading at Rs 67667 with a fall of Rs 428.

Gold 4691 and silver 12636 are getting cheaper from all-time high

After this fall, gold is currently getting cheaper by about Rs 4691 per 10 grams from its all-time high. Gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56,200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 12636 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg. In such a situation, for those who are planning to buy gold or silver, this can prove to be a good buying opportunity for them.

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14 to 24 carat Gold Price

Today the latest price of 24 carat gold is Rs 51509 per 10 grams, 23 carat gold Rs 51303 per 10 grams, 22 carat gold Rs 47182 per 10 grams, 18 carat gold Rs 38632 per 10 grams and 14 carat gold approx. It is trading at Rs 30133 per 10 grams level.

The latest price of gold and silver in the international market

Like the Indian bullion market, gold as well as silver are trading in the international market with a fall. Gold trading in America is down by $ 1.25 to trade at $ 1922.92 an ounce. On the other hand, silver is trading with a fall of $ 0.04 at the level of $ 24.09 per ounce.

Gold prices may fall in the coming days

Due to the ongoing war between Russia and Ukraine for the last 34 days and the fluctuations in the price of crude oil in the international market, there is a continuous movement in the bullion market around the world including India. According to market experts, after the end of the ongoing war between Russia and Ukraine, gold prices will fall sharply.

In fact, Russia also has large reserves of gold and wants to sell it in the global market. If this gold comes in the market then its supply will increase and there can be a big fall in the prices.

 

Gold and silver prices in major cities of India

Delhi- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 68000

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Mumbai- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 68000

Kolkata- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 68000

Chennai- 22ct Gold : Rs. 47960, 24ct Gold : Rs. 52320, Silver Price : Rs. 72300

Hyderabad- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 72300

Bangalore- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 72300

Mangaluru- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 72300

Ahmedabad- 22ct Gold : Rs. 47800, 24ct Gold : Rs. 52150, Silver Price : Rs. 68000

Surat- 22ct Gold : Rs. 47800, 24ct Gold : Rs. 52150, Silver Price : Rs. 68000

Nagpur- 22ct Gold : Rs. 47820, 24ct Gold : Rs. 52170, Silver Price : Rs. 68000

Pune- 22ct Gold : Rs. 47820, 24ct Gold : Rs. 52170, Silver Price : Rs. 68000

Bhubaneswar- 22ct Gold : Rs. 47750, 24ct Gold : Rs. 52100, Silver Price : Rs. 68000

Chandigarh- 22ct Gold : Rs. 47900, 24ct Gold : Rs. 52350, Silver Price : Rs. 68000

Jaipur- 22ct Gold : Rs. 47900, 24ct Gold : Rs. 52350, Silver Price : Rs. 68000

Lucknow- 22ct Gold : Rs. 47900, 24ct Gold : Rs. 52350, Silver Price : Rs. 68000

Patna- 22ct Gold : Rs. 47820, 24ct Gold : Rs. 52170, Silver Price : Rs. 68000

24 carat gold is purest

24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. Therefore, mostly 22 carat gold is used in making jewelery.

Know how to check the purity of gold

If you want to check the purity of gold now, an app has been created by the government for this. With the BIS Care app, customers can check the purity of gold. With this app you can not only check the purity of gold, but also make any complaint related to it.

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Only buy gold after checking the hallmarks

When buying gold, you must take extra care to check its quality. Gold jewelry should be bought only after seeing the hallmarks. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India to determine the hallmark. The Hallmarking Scheme deals with operations, rules and regulations under the Bureau of Indian Standards (BIS) Act.

Know the latest price of gold by giving a missed call

To know the retail rates of 22 carat and 18 carat gold jewelery you can give a missed call on 8955664433. Rates will be available via SMS shortly. You can also visit www.ibja.co or ibjarates.com for information on frequent updates.

first published:March 30, 2022, 7 a.m.



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