Gold Price Update: Know new gold, silver rates here

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Gold Price Update: If you are planning to buy gold or gold jewelry, then there is important news for you. Amidst the ongoing war between Russia and Ukraine for the last 28 days, the bullion market around the world, including India, continues to fluctuate.

On the third day of this trading week, where there was a slight increase in the price of gold on Wednesday, a slight decrease in the price of silver has been registered.

Despite this rise, gold is getting cheaper by Rs 4563 per 10 grams and silver at Rs 12296 per kg from its all-time high. At present, gold is getting around Rs 51600 per 10 grams and silver at the rate of Rs 67700 per kg.

On Wednesday, gold became costlier by Rs 133 per 10 grams as compared to the previous trading day on Tuesday, while silver declined by Rs 41 per kg.

On Wednesday, gold became expensive by Rs 133 per ten grams and closed at Rs 51637 per 10 grams. Earlier on Tuesday, gold had closed at Rs 51504 per 10 grams. On the other hand, silver became cheaper by Rs 41 and closed at Rs 67734 per kg. Earlier on Tuesday, silver closed at 67775 per kg level.

14 to 24 carat gold latest price

On Tuesday, 24 carat gold became costlier by Rs 133 by Rs 51637, 23 carat gold 132 costlier by Rs 51430, 22 carat gold 121 costlier by Rs 47299, 18 carat gold costing Rs 100 by Rs 38728 and 14 carat gold by 78. Rupee became costlier and closed at Rs 30208 per 10 grams.

Gold is 4563 and silver is getting cheaper by Rs 12296 from all time high

Despite this rise, on Wednesday, gold was selling cheaper by about Rs 4563 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 at the rate of about Rs 12296 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg.

 

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 jewelery.

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 hallmarks

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.

Know the latest price of gold by giving a missed call

To know the retail rates of 22 carat and 18 carat gold jewelery you can give a missed call on 8955664433. Rates will be available via SMS shortly. You can also visit www.ibja.co or ibjarates.com for information on frequent updates.

first published:March 24, 2022, 9:54 a.m.

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