Gold Silver Price: On Friday, the fifth day of the week, the price of gold has declined again. In the bullion market, the rate of 24 carat 10 gram gold is still trading below Rs 60,200. Gold rate fell by Rs 346 and is trading at Rs 60,169. Today the price of silver fell by Rs 34 and the rate of silver has come down to Rs 73,934.
Gold Silver Price: On Friday, the fifth day of the week, the price of gold has declined again. In the bullion market, the rate of 24 carat 10 gram gold is still trading below Rs 60,200. Gold rate fell by Rs 346 and is trading at Rs 60,169. Today, the price of silver fell by Rs 34 and the rate of silver has come down to Rs 73,934.
The rise in the price of gold
Yesterday the gold price had closed at Rs 60,515. Today gold price has fallen by Rs.346 and is trading at Rs.60,169. There was softness in 22 carat gold, in which most of the jewelery is made. 22 carat gold is trading at Rs 55,115, down by Rs 481.
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 the closing price of Thursday, 27th April. 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 28 April (Rs / 10 grams) | Rate of 27 April (Rs / 10 grams) | Change in rate (Rs/10g) |
Gold 999 (24 Carat) | 60169 | 60515 | -346 |
Gold 995 (23 Carat) | 59928 | 60273 | -345 |
Gold 916 (22 Carat) | 55115 | 55432 | -317 |
Gold 750 (18 Carat) | 45127 | 45386 | -259 |
Gold 585 ( 14 Carat) | 35199 | 35401 | -202 |
Silver 999 | 73934Rs/Kg | 74415Rs/Kg | -481 Rs/Kg |
There will be a rise in the price of gold
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. Now it remains to be seen how long it will reach this level in the year 2023.