Gold becomes cheaper before Karva Chauth


Mumbai: Gold price update: Karva Chauth Festival takes place on October 13th. On Friday, the fifth and final day of this trading week before Karva Chuth, as gold became cheaper, the price of silver hit a high. Thereafter, gold is sold at a price above Rs 51,765 per 10 grams and silver above Rs 60,800 per kilogram. However, gold is still around Rs 4,300 cheaper and silver Rs 19,000 from its all-time high.

On Friday, gold became cheaper at Rs 73 per ten grams and closed at Rs 51,765 per ten grams. While on the last trading day on Thursday, gold became expensive at Rs 552 per ten grams and closed at Rs 51,838 per ten grams.

On the other hand, silver became more expensive by 178 rupees and closed at 60,848 rupees per kilogram. While on the last trading day on Thursday, silver became cheaper by 364 rupees per kilogram and closed at 60,670 rupees per kilogram.

Latest 14 to 24 karat gold prices

In this way, 24 karat 552 gold on Friday becomes more expensive by Rs 51,838, 23 karat 549 gold by Rs 51,630, 22 karat 506 gold by Rs 47,484, 18 karat gold 414 versus Rs 38,879 and 14 karat gold . Gold became more expensive at Rs 323 and closed at Rs 30,325 per 10 grams.

Gold is 4,300 rupees cheaper and silver 19,000 rupees from all-time highs

Gold is currently selling at 4,362 rupees per 10 grams, cheaper than its all-time high. Let us tell you that gold reached an all-time high in August 2020. At that time, gold rose to the level of 56,200 rupees per ten grams. At the same time, silver became cheaper at a rate of about Rs 19,132 per kilogram from its all-time high. The all-time high of silver is 79,980 rupees per kilogram.

Buy gold only after checking the hallmark

While buying gold, customers should take care of its quality. Gold jewelry should be purchased only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards is the only agency in India that identifies the hallmark. The marking scheme operates under the Act, Rules and Regulations of the Bureau of Indian Standards.

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