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Business

Joyful Karva chauth as Gold slips by 4362, silver by 19132

Gold Price Update: The festivity is on full swing. People are in a festive mood ahead of Karva Chauth after Sharad Purnima. On the occasion of Karva Chauth, many people purchase gold, silver, or jewellery as a gift. Hilza In the upcoming days, there can be a rise in market demand for it. At present, […]

Gold Price Update: The festivity is on full swing. People are in a festive mood ahead of Karva Chauth after Sharad Purnima. On the occasion of Karva Chauth, many people purchase gold, silver, or jewellery as a gift. Hilza In the upcoming days, there can be a rise in market demand for it. At present, gold is selling above Rs 51765 per 10 grams and silver above Rs 60800 per kg. However, gold is still getting cheaper by about Rs 4300 and silver by Rs 19000 from its all-time high.

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After two days New rate will be released on October 10(Monday)

Actually, a new business week is starting from Monday. Today is the first day of the new business week. Earlier in the last trading week in the bullion market, along with gold, there was a softening in the price of silver. In such a situation, today everyone’s eyes will be on how gold and silver move in the Indian bullion market on the first day of the new trading week.

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Also Read: Direct tax collection rises by 24% to Rs 9 trn FY23 this far, says IT dept

The rate of gold and silver on Friday

On Friday, the last day of the last trading week, gold became cheaper by Rs 73 per ten grams and closed at Rs 51765 per 10 grams. Whereas on the last trading day on Thursday, gold became expensive by Rs 552 per ten grams and closed at Rs 51838 per 10 grams.
On the other hand, silver became costlier by Rs 178 and closed at Rs 60848 per kg. Whereas on the last trading day on Thursday, silver became cheaper by Rs 364 per kg and closed at Rs 60670 per kg.

14 to 24 carat gold latest price

In this way, on Friday, 24 carat gold becomes 552 costlier by Rs 51838, 23 carat gold becomes 549 rupees expensive by Rs 51630, 22 carat gold 506 becomes costlier by Rs 47484, 18 carat gold by Rs 414 becomes costlier by Rs 38879 and 14 carat gold Gold became costlier by Rs 323 and closed at Rs 30325 per 10 grams.
Gold is getting cheaper by Rs 4300 and silver by Rs 19000 from all time high
Gold is currently selling at Rs 4362 per 10 grams cheaper than its all-time high. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 19132 per kg from its highest level. The highest ever level of silver is Rs 79980 per kg.

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Also Read: Sensex down 721 points and Nifty down 17 points in early session

Buy gold only after seeing the hallmark

While buying gold, customers must take care of its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards is the only agency in India that determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.

Know the latest gold price by a missed call

You can give a missed call on 8955664433 to know the retail rates of 22 karat and 18 karat gold jewellery. Rates will be received through SMS in a short time. Along with this, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.

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The News Desk is made up of experienced editors specializing in different areas, including politics, entertainment, technology, and health. Each member brings valuable knowledge to ensure that our articles are accurate and insightful. We take fact-checking seriously, reviewing every piece of news before it is published. This commitment helps us provide reliable information and meaningful insights to our readers. Our editors work together to tell engaging stories that keep our audience informed about current events. With a focus on transparency and accountability, the News Desk is dedicated to delivering quality news you can trust.

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First published on: Oct 10, 2022 08:30 AM IST


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