Gold Rate Update: For those who purchase gold and silver after Dhanteras and Diwali, there is crucial news. Prior to Diwali and Dhanteras, when gold and silver prices started to steadily decrease. Silver and gold have both steadily grown in price during the past three trading days. Silver has increased in price by Rs. 115 and gold by Rs. 40 today.
Following this increase, gold is now selling for Rs 50800, and silver is close to Rs 56000. Silver is still less expensive than Rs 22000/kg, and gold is still less expensive than its all-time high of Rs 5400/10g.
Also Read: Gold Price Today: Golden Moment to Buy Gold! Big Fall in Gold Prices. Check This Out
Silver and gold on IBJA
The price of gold climbed by Rs 40 per ten grammes to Rs 50791 per ten grams on the fourth Thursday (October 27) of this trading week, according to the Indian Bullion Jewelers Association (IBJA) website. Gold prices increased by Rs 307 per ten grams on Wednesday, closing at Rs 50,751 per 10 grams.
The price of silver was updated at the same time and went up by Rs. 115 per kg to Rs. 57966 per kg. Silver had decreased by Rs 1,255 on Wednesday, closing at Rs 57,851 per kilogram.
Silver and Gold Prices on the MCX
Today on the Multi Commodity Exchange (MCX), gold and silver are trading higher, similar to the Indian Bullion Jewellers Association (IBJA). On the MCX, gold is now priced at Rs 97 per gramme and is now at the level of Rs 50,784. While silver is currently down Rs 104 and priced at Rs 58,270.
From all-time highs, gold is now cheaper by Rs. 5400 and silver is now cheaper by Rs. 22000
The price of gold has currently decreased from its peak by roughly Rs 5409 per 10 grams. In August 2020, gold reached its all-time high. Gold’s price per ten grams has increased to Rs 56,200 at that time. Silver was depreciating at a pace of roughly Rs 22014 per kg from its peak at the same time.
At a rate of roughly Rs 22014 per kilogram, silver was becoming more affordable than at its greatest level. Rs. 79980 per kilogram is the highest price for silver. For anyone looking to purchase gold or silver in such a scenario, this may prove to be an excellent time to do so.
Also Read: Gold Price Today: Gold Prices Climb. Here is the Most Recent Price for 14 to 24 carat Gold
Gold Price and Silver Price in major cities of the country
Delhi
22ct Gold: Rs. 47,250, 24ct Gold: Rs. 51,530, Silver Price: Rs. 58,300
Mumbai
22ct Gold: Rs. 47,100, 24ct Gold: Rs. 51,280, Silver Price: Rs. 58,300
Kolkata
22ct Gold: Rs. 47,100, 24ct Gold: Rs. 51,280, Silver Price: Rs. 58,300
Chennai
22ct Gold: Rs. 47,450, 24ct Gold: Rs. 51,760, Silver Price: Rs. 63,500
Hyderabad
22ct Gold: Rs. 47,100, 24ct Gold: Rs. 51,280, Silver Price: Rs. 63,500
Bangalore
22ct Gold: Rs. 47,150, 24ct Gold: Rs. 51,430, Silver Price: Rs. 58,300
Mangalore
22ct Gold: Rs. 47,150, 24ct Gold: Rs. 51,430, Silver Price: Rs. 63,500
Ahmedabad
22ct Gold: Rs. 47,150, 24ct Gold: Rs. 51,430, Silver Price: Rs. 58,300
Surat
22ct Gold: Rs. 47,150, 24ct Gold: Rs. 51,430, Silver Price: Rs. 58,300
Nagpur
22ct Gold: Rs. 47,130, 24ct Gold: Rs. 51,310, Silver Price: Rs. 58,300
Pune
22ct Gold: Rs. 47,130, 24ct Gold: Rs. 51,310, Silver Price: Rs. 58,300
Bhubaneswar
22ct Gold: Rs. 47,100, 24ct Gold: Rs. 51,280, Silver Price: Rs. 63,500
Chandigarh
22ct Gold: Rs. 47,250, 24ct Gold: Rs. 51,530, Silver Price: Rs. 58,300
Jaipur
22ct Gold: Rs. 47,250, 24ct Gold: Rs. 51,530, Silver Price: Rs. 58,300
Lucknow
22ct Gold: Rs. 47,250, 24ct Gold: Rs. 51,530, Silver Price: Rs. 58,300
Patna
22ct Gold: Rs. 47,130, 24ct Gold: Rs. 51,310, Silver Price: Rs. 58,300
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.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER
