Gold Price Update: Rates of Yellow metal breaches 55000 on IBJA. Check out the updated rates here

Gold Price Update: As soon as the year 2023 began, a decline in gold prices has been recorded. Today, it can be better for you to buy gold and silver as gold prices have fallen by Rs 160 whereas there is no change in silver prices. After this, gold has reached Rs 55040 per 10 grams and the price of silver rests at Rs 71300 per kg.

Also Read: Gold Rate Today: Prices of gold and silver halts as new year begins; find out the price from Lucknow to Delhi here

Gold and Silver on MCX

According to the official website of MCX, gold is trading with an increase today. On the last day of the trading week, gold had closed at Rs 55,017 per 10 grams. Gold opened at Rs 55069 this morning. After this, there was a jump of Rs 111 in the price of gold. Now (02.51 PM) gold price is Rs 55128 per 10 grams. The highest Gold level till date is Rs.55150 per 10 grams and the lowest level is Rs.55040 per 10 grams.

On the other hand, today silver is also trading with an increase. Silver had closed at Rs 69413 per kg on the last day of the trading week. Silver opened at Rs 69451 per kg this morning. After this, there was a jump of Rs 134 in the price of silver. Now (02.53 PM) the price of silver is Rs.69547 per kg. The highest level of Silver so far today is Rs.69680 per kg and the lowest level is Rs.69433 per kg.

As per IBJA, these are the prices of gold and silver

IBJA is considered very reliable for gold and silver prices. According to the website of IBJA, on the last day of the business week, the price of gold was Rs 54867 per 10 grams in the evening, which has increased to Rs 55113 per 10 grams today. Along with this, the price of silver was Rs 68092 per kg, which increased to Rs 68527 per kg today in the evening.

Prices of 18 to 24 Carat Gold

How cheap is gold and silver from all-time highs

Gold is currently selling cheaper by about Rs. 1160 per 10 grams from 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 Rs. 56,200 per ten grams. At the same time, silver is getting cheaper at the rate of about Rs. 8680 per kg from its highest level. The highest price of silver is Rs. 79980 per kg.

Also Read: Gold Rate: Can gold beat its record high to cross 60,000 next year and silver reach 70,000? Details

Updated Gold Price and Silver Price in major cities of the country

Here’s how to know the latest price of gold by giving a missed call

You can give a missed call on 8955664433 to know the retail rates of gold. Shortly after giving a miss call on this number, you will get the rates through SMS. Along with this, you can see www.ibja.com or ibjarates.com for constant updates or information.

This is how you can determine the purity of gold

If you want to check the purity of gold right now, the government has created an app for that. Customers can check the purity of gold using the BIS Care app. You can use this app to not only check the purity of gold, but also to file a complaint about it.

Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)

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