Gold Price Today: Today the gold rate crossed Rs 61,000 in the bullion market. The price of gold in the jewelery market is at its new peak. On Tuesday, the second day of the week, the price of gold rose by Rs 654 to trade at Rs 61,071. Silver is seen trading at Rs 75,173
Gold Price Today: Today the gold rate crossed Rs 61,000 in the bullion market. On Tuesday, the second day of the week, the price of gold rose by Rs 654 to trade at Rs 61,071. The price of silver is seen trading at Rs 75,173 with an increase of Rs 947.
The rise in the price of gold
Yesterday the gold price had closed at Rs 60,417. Today the price of gold has risen by Rs 654 to Rs 61,071. There was an increase in 22 carat gold, in which most of the jewelery is made. 22 carat gold is trading at Rs 55,941, up by Rs 599.
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 yesterday’s closing price. 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 May 3 (Rs. / 10 grams) | Rate of May 2 (Rs./10 grams) | Change in rate (Rs/10g) |
| Gold 999 (24 Carat) | 61071 | 60417 | 654 |
| Gold 995 (23 Carat) | 60827 | 60176 | 651 |
| Gold 916 (22 Carat) | 55941 | 55342 | 599 |
| Gold 750 (18 Carat) | 45803 | 45312 | 491 |
| Gold 585 ( 14 Carat) | 35726 | 35343 | 383 |
| Silver 999 | 75173Rs/Kg | 74226Rs/Kg | 947Rs/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.
