Gold shines, silver takes flight, jewelery buyers will be worried

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 Gold shines, silver takes flight, jewelery buyers will be worried
Gold shines, silver takes flight, jewelery buyers will be worried

Gold Price Today: Due to the global conditions, the prices of gold and silver have been continuously fluctuating since the last few weeks. However, due to the wedding season, there is a lot of buying of gold and silver in the bullion market. In such a situation, if you also want to buy jewelery or you want to invest in gold, then there is important news for you. After the continuous decline of gold for the last several days, today along with gold, the price of silver has registered a rise.

Today gold has become costlier by Rs 474 per 10 grams while silver is seeing a rise of Rs 794 per kg. At present, gold and silver are trading near Rs 51000 and Rs 61600. Along with this, gold is getting cheaper from its all-time high by about Rs 5120 per 10 grams and silver at Rs 18,300 per kg.

According to the website of Indian Bullion Jewelers Association (IBJA), on the fourth day of this trading week (June 2), on Thursday, gold became expensive by Rs 474 per ten grams and opened at Rs 51080 per ten grams. Whereas on the last trading day on Wednesday, gold became cheaper by Rs 519 per ten grams and closed at Rs 50606 per 10 grams. On the other hand, today silver became expensive at the rate of Rs 794 per kg and opened at Rs 61605. Whereas on the last trading day on Wednesday, silver became cheaper by Rs 510 and closed at Rs 60811 per kg.

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Like the Indian Bullion Jewelers Association, on the Multi Commodity Exchange (MCX) too, today along with gold, silver is trading with a lot of momentum. Today on MCX, gold is at the level of Rs 50892 by becoming costlier by Rs 104. While silver is trading at a level of Rs 61583 with a gain of Rs 3. 

Despite this, gold is selling cheaper by about Rs 5120 per 10 grams than its all-time high. Gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56,200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 18375 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg. In such a situation, for those who are planning to buy gold or silver, this can prove to be a good buying opportunity for them. 

14 to 24 carat Gold Price

In this way, today the latest price of 24 carat gold is Rs 51080 per 10 grams, 23 carat gold Rs 50875 per 10 grams, 22 carat gold Rs 46789 per 10 grams, 18 carat gold Rs 38310 per 10 grams and 14 carat gold approx. It is trading at Rs 29882 per 10 grams level.

Like the Indian bullion market, in the international market too, today along with gold, silver is trading at a brisk pace. In America, gold is trading with a gain of $ 2.25 at $ 1848.28 an ounce. On the other hand, silver is trading with a gain of $ 0.07 at the level of $ 21.86 an ounce. 

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