Gold Price 14th February: After going up to the record level in the last days, the rate of gold and silver is now seeing a decline in it. If you are also thinking about buying gold, then this news is useful for you. Let’s know today’s latest price.
The rate of both the precious metals is continuing to decline for the last few days. Gold has fallen to the level of 57,000 and silver has reached below 67,000. But experts say that this decline is temporary, by the coming Diwali gold is likely to reach Rs 65,000 and silver will reach Rs 80,000.
Gold and silver rise on MCX
The rate of gold and silver has come down in the last few days. About two weeks ago, gold had climbed up to Rs 58,000 and silver had reached Rs 71,000. On Tuesday, on the Multi-Commodity Exchange (MCX), gold was seen trading at a level of Rs 56752 per 10 grams with a gain of Rs 255 in the afternoon.
Similarly, silver was seen with a gain of Rs 144 at the level of Rs 66288 per kg. Earlier on Monday, gold had closed at Rs 56497 and silver at Rs 66144 per kg.
Fall in bullion market
A fall in the rate of gold and silver is being seen in the bullion market on Tuesday. According to the price released by the India Bullions Association (https://ibjarates.com) on Tuesday, 24 carat gold fell to the level of Rs 57025 per 10 grams.
A slight increase was observed in the rate of silver and it reached the level of Rs.66387 per kg. On Monday, gold had closed at Rs 57060 per 10 grams and silver at Rs 66371 per kg.
Let us tell you that 3 percent GST and making charges have to be paid separately on the price of gold. If you buy gold today, you will have to pay GST and making charges separately above the price of Rs 57,025. On Tuesday, the rate of 23 carat gold reached Rs 56797 per 10 grams, 22 carat Rs 52235 per 10 grams and 18 carat reached Rs 42769 per 10 grams.
