Gold Price Today: Gold has become cheaper by Rs 172 per 10 grams as compared to yesterday’s closing. At the same time, if we talk about silver, then the price has reached Rs 113590 per kg. Like gold, the price of silver has also fallen. Let us tell you, on Monday evening, the price of silver was Rs 115850 per kg.
Gold Price Today: The latest prices of gold and silver have been released. The trend of falling prices continues in the bullion market. Gold has become cheaper by Rs 172 per 10 grams as compared to yesterday’s closing. At the same time, if we talk about silver, then the price has reached Rs 113590 per kg. Like gold, the price of silver has also fallen. Let us tell you, on Monday evening, the price of silver was Rs 115850 per kg.
According to the rate released by IBJA today, the price of 24 carat gold is Rs 98274 per 10 grams. Earlier on Monday evening, the rate was Rs 98446 per 10 grams.
The price of gold was above 1 lakh on 23 July
Earlier last week on 23 July, the price of gold was Rs 100533 per 10 grams. At the same time, the rate of silver was at Rs 115850. Since 23 July, silver has become cheaper by Rs 2260 per kg. And the rate of gold has come down by Rs 2259.
Why was the price of gold increasing
The people who buy gold have heaved a sigh of relief due to the fall in the price of gold. Let us tell you, for some time now, the rate of gold was increasing at a stormy pace. The reason behind this jump was believed to be global instability. At the same time, central banks around the world are also constantly buying gold. Due to which the prices of gold are also skyrocketing.
Let us tell you, the spot price of gold and silver is released by the India Bullion and Jewelers Association (IBJA). It is possible that in your city there may be a difference of Rs 1000 to Rs 2000 in the rate. IBJA releases rates twice a day. Once at 12 noon and second time around 5 pm.
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