Gold Price Today: The rate of gold has declined on the second day of the week. After yesterday’s rise, the price of 10 grams of gold fell by Rs 379 in the bullion market today. However, the rate of 24 carat gold still remains above Rs 60,400.
Gold Price Today: The rate of gold has declined on the second day of the week. After yesterday’s rise, the price of 10 grams of gold fell by Rs 379 in the bullion market today. However, the rate of 24 carat gold still remains above Rs 60,400. Yesterday the gold price had closed at Rs 60,829. The price of silver is trading at Rs 71,568 with a fall of Rs 953.
Gold prices fell for the second day
Yesterday the gold price had closed at Rs 60,829. Today the price of gold is seen at Rs 60,450. There was softness in 22 carat gold, in which most of the jewelery is made. 22 carat gold is trading at Rs 55,372, down by Rs 347.
Gold and silver rate on IBJA
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 compared with yesterday’s closing price. 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 23 (Rs./10 grams) | Rate of May 22 (Rs./10 grams) | Change in rate (Rs/10g) |
| Gold 999 (24 Carat) | 60450 | 60829 | -379 |
| Gold 995 (23 Carat) | 60208 | 60585 | -377 |
| Gold 916 (22 Carat) | 55372 | 55719 | -347 |
| Gold 750 (18 Carat) | 45338 | 45622 | -284 |
| Gold 585 ( 14 Carat) | 35363 | 35585 | -222 |
| Silver 999 | 71568Rs/Kg | 72521Rs/Kg | Rs.953/Kg |
Gold prices will rise this year
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. This year the price had come up to Rs 62,900 but then correction started coming in it. Gold is again trading in a range. Now it remains to be seen how long it will reach this level in the year 2023.
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