Gold Price Today: Gold prices declined for the fourth consecutive day today. From Thursday last week, the gold rate started falling in the bullion market. However, the fall in the price of gold is quite minor. 10 gram gold price is trading below Rs 60,000
Gold Price Today: Gold prices declined for the fourth consecutive day today. From Thursday last week, the gold rate started falling in the bullion market. However, the fall in the price of gold is quite minor. The price of 10 grams of gold is trading below Rs 60,000. Yesterday the gold price closed at Rs 60,012 in the evening. Today gold is trading at Rs 59,981, down by Rs 31. The rate of 1 kg of silver fell by Rs 459 and is trading at Rs 70,323.
Gold prices fall – Gold is below Rs 60,000
Yesterday the gold price had closed at Rs 60,012. Today gold price has fallen by Rs.31 and is trading at Rs.59,981. There was also a decline in 22 carat gold, in which most jewelery is made. 22 carat gold is trading at Rs 54,942, down by Rs 29.
Here is the price on IBJA’s website
The rates of gold and silver given on the website of IBJA are given in the table below. The rate of gold ranging from 24 carat 10 grams to 14 carat gold is given in the table. Along with this, the rate of one kilogram of silver has been given. Today’s rate of gold and silver has been done from the closing price of last week. Here is the price of 10 grams of gold and 1 kg of silver in the bullion market.
Here is the price of gold and silver in the jewelery market
| metal | Rate of May 29 (Rs./10 grams) | Rate of May 26 (Rs. / 10 grams) | Change in rate (Rs/10g) |
| Gold 999 (24 Carat) | 59981 | 60012 | -31 |
| Gold 995 (23 Carat) | 59741 | 59772 | -31 |
| Gold 916 (22 Carat) | 54942 | 54971 | -29 |
| Gold 750 (18 Carat) | 44985 | 45009 | -24 |
| Gold 585 ( 14 Carat) | 35088 | 35107 | -19 |
| Silver 999 | 70323Rs/Kg | 70782Rs/Kg | -459 Rs/Kg |
Expert opinion on gold price
If experts are to be believed, then the price of gold can cross the price of Rs 64,000 this year. If Ajay Kedia, director of Kedia Advisory, is to be believed, the price of gold may remain high this year and the price may reach up to Rs 64,000. However, the price of gold came close to Rs 62,000, then there was a slight correction. Now the price of gold has come down to Rs 60,000. Experts believe that Gold is trading in a range.
