Gold Price Update: Good News!! Buyers hit lottery as decline in gold, silver rates continue

Gold Price Update:

If you are also planning to buy gold or gold jewelry, then there is important news for you. Gold and silver prices have continued to decline for the past several days. On the fourth day of this trading week, the price of gold fell by about Rs 300 per 10 grams and silver by Rs 200 per kg on Thursday. 

After this decline, the price of gold has once again gone below Rs 51000 per 10 grams and the rate of silver stands at Rs 61000 per kg. After this steep decline, gold is has become cheaper by about Rs 5500 and silver by Rs 19000 from their respective all-time high prices.

On Thursday,



became cheaper by Rs 340 per ten grams and closed at Rs 50614 per 10 grams. Whereas on the last trading day on Wednesday, gold became costlier by Rs 307 per ten grams and closed at Rs 50954 per 10 grams.

On the other hand, silver became cheaper by Rs 200 and closed at Rs 60550 per kg on Thursday. Whereas on the last trading Wednesday, silver became costlier by Rs 784 and closed at Rs 60750 per kg.

14 to 24-carat gold latest price

On Thursday, 24-carat gold became cheaper by Rs 340 by Rs 50614, 23 carat gold by 339 by Rs 50411, 22 carat gold 312 became cheaper by Rs 46362, 18 carat gold by Rs 255, by Rs 37961 and 14 carat gold. It was cheaper by Rs 199 and closed at Rs 29609 per 10 grams.

Gold 5500 and silver 20000 rupees is getting cheaper from all time high

After this fall, gold was selling cheaper by about Rs 5586 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 from its highest level at the rate of about Rs 19430 per kg. The all-time high level of silver is Rs 79980 per kg.

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

In fact, the last 113 days of war between Russia and Ukraine and the fluctuations in the price of crude oil in the international market have led to instability in the bullion markets around the world, including India. In such a situation, the price of gold and silver is also fluctuating all over the world.

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Gold Price Update: Good news for buyers!! Decline in gold, silver rates continue

Gold Price Update: Good news for buyers!! Decline in gold, silver rates continue

Know the latest price of gold through a missed call

You can give a missed call to 8955664433 to know the retail rates of 22-carat and 18-carat gold jewelry. Rates will be received through SMS in a short time. Along with this, you can visit or for information about frequent updates.

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 hallmark

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.

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. Jewelry 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 jewelry. That’s why most shopkeepers sell gold in 22 carats.

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