Gold Price Update: Good news for gold, silver buyers, big drop in rates

Gold Price Update: 

If you are unable to buy gold or gold ornaments on Akshaya Tritiya due to any reason, then there is nothing to be disappointed. Even today you have a golden opportunity to buy cheap gold and silver. Abha too gold is getting cheaper from its all-time high by Rs 44874 per 10 grams and silver at Rs 17030 per kg. At present, gold is getting around Rs 51000 per 10 grams and silver at the rate of Rs 63000 per kg.

Due to the holiday of Eid on Tuesday, the Indian Bullion Jewelers Association (IBJA) did not issue a new rate of gold and silver. It is worth noting that the website of Indian Bullion Jewelers Association (IBJA) remains closed on holidays.

Earlier on Monday, gold had become cheaper by Rs 719 per 10 grams, while the rate of silver was recorded at Rs 1824 per kg. On Monday, gold closed at Rs 51336 per 10 grams and silver at Rs 62950 per kg.

14 to 24-carat gold latest price

On Monday, 24 carat gold became cheaper by Rs 719 by Rs 51336, 23 carat gold by Rs 51130, 22 carat gold by Rs 658 by Rs 47024, 18 carat gold by Rs 539 by Rs 38502 and 14 carat gold by Rs 420. It was closed at the level of Rs 30032 per 10 grams.

Gold is 4874 and silver is getting cheaper by Rs 17030 from all-time high

After this fall, gold was selling cheaper by about Rs 4874 per 10 grams than its all-time high. Let us tell you that gold 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 17030 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg.

Movement in the price of gold and silver in the international market

Amidst the ongoing 69-day war between Russia and Ukraine and the volatility in the price of crude oil in the international market, there is a situation of volatility in the bullion market around the world including India. In such a situation, there is a movement in the price of gold and silver all over the world.

Know the latest price of gold like this by giving a missed call

You can give a missed call to 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 or

14 to 24-carat gold latest price

On Friday, 24-carat gold became cheaper by Rs 66 by Rs 52474, 23-carat gold by Rs 52264, 22-carat gold by 61 by Rs 48066, 18 carat gold by Rs 49, by Rs 39356 and 14-carat gold by 39. Rupee became cheaper and closed at Rs 30697 per 10 grams.

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 jewelry.

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.

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 or for information on frequent updates.

What is the difference between 22 and 24-carat gold?

24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is the purest available form of gold, it cannot be made into jewellery. That’s why most shopkeepers sell gold in 22 carats.


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