Gold Price Today: Gold and silver prices have registered a rise once again. Buyers are looking a little disappointed due to the high cost of gold during the wedding season. Let’s know today’s latest price.
If you also want to buy gold or its jewelry, then there is important news for you. On Wednesday, the first day of this business week, a rise in the prices of gold and silver has been recorded. Today, gold became costlier at the rate of Rs.362 per 10 grams, while the price of silver is seen increasing at the rate of Rs.619 per kg. Buyers are looking a bit disappointed with this.
Condition of gold and silver on IBJA
According to the website of the Indian Bullion Jewelers Association (IBJA), on Wednesday (24 May 2023), gold (Gold Price Today) became costlier by Rs 362 per ten grams and is trading at Rs 60704 per ten grams. Whereas on the last trading day on Tuesday, gold became cheaper by Rs 487 and closed at Rs 60342 per 10 grams.
Today on Wednesday, along with gold, there was a slight increase in the price of silver. Today, silver has become costlier by Rs 619 and is trading at Rs 71337 per kg. Whereas on the last trading day on Tuesday, silver became cheaper by Rs 1803 and closed at Rs 70718 per kg.
Gold and silver rates on MCX
Like the Indian Bullion Jewelers Association (IBJA), gold is trading fast today on the Multi Commodity Exchange (MCX). On MCX, gold is costlier by Rs 43 per 10 grams at the level of Rs 60,240 while silver is trading cheaper by Rs 214 at Rs 71,950 per kg.
Gold becomes cheaper by Rs 900 and silver by Rs 8600 from all-time high
After this, gold is being sold cheaper than its all-time high by about Rs 942 per 10 grams. Significantly, gold made its all-time high of Rs 61646 per ten grams on 4 May 2023. Whereas silver is getting cheaper at the rate of Rs 8643 per kg. The all-time high level of silver is Rs 79980 per kg.
14 to 24 Carat Gold Price
In this way, on Wednesday, 24 carat gold became costlier by Rs 60704 per 10 grams, 23 carat gold by Rs 60461 per 10 grams, 22 carat gold by Rs 55605 per 10 grams, 18 carat gold by Rs 45528 per 10 grams and 14 carat gold by approx. Is trading at the level of Rs 35512 per 10 grams.
Condition of gold and silver in the international market
Like the Indian bullion market, gold and silver are trading fast today in the international market as well. In the US market, gold is trading higher by $ 1.27 at $ 1976.51 an ounce, while silver is trading at $ 23.47 an ounce, down by $ 0.01.