Gold Price Update – After Diwali, gold and silver prices have begun to decline, generating considerable enthusiasm among consumers. People also prefer to buy gold and silver for Chhath Puja. This decrease in gold and silver prices is a positive sign. The decline is believed to be due to falling prices in the global market.
If you’re thinking of buying gold, this could prove to be a good opportunity. On Friday evening, the last day of the trading week, gold rates of all carats fell. If you’re looking to buy, we’ll first provide you with the prices for all carats, eliminating any confusion. You can find out the exact price drop below.
Latest Gold and Silver Rates
The price of 24-carat gold fell by ₹2,000 in the Indian bullion market. After the decrease, its price was recorded at ₹1,21,518 per ten grams. Additionally, the price of 23-carat gold fell by ₹1,800, settling at ₹120,860 per ten grams.
The price of 22-carat gold fell by ₹1,700, settling at ₹1,11,310 per ten grams. The price of 18-carat gold was also trading at ₹91,139 per ten grams. The price of 14-carat gold fell to ₹71,088 per ten grams. Further declines in gold prices are expected.
How much has silver become cheaper?
The price of silver in the Indian bullion market has seen a significant drop. The price of silver per kilogram has declined by ₹4,400. Following the reduction on the evening of October 24th, the price of gold is now trading at ₹1,47,033 per ten grams.
Gold and Silver Prices with a Missed Call
For your information, the Indian Bullion and Jewellers Association has issued a number for rate updates. This number is 895643. After making a missed call, an SMS will appear on your mobile phone, providing the latest gold rates for your city. These rates are generally based on the retail prices of gold and silver.