Good luck to gold customers, prices fell for the 5th consecutive day
If you are also planning to buy gold or silver jewelery in the season of Lagna, there is good news for you. The downward trend in the price of gold continues. Even today, on the fifth day of this trading week, the price of silver along with gold has registered a turnaround. With gold and silver becoming cheaper in the wedding season, people are seeing a lot of enthusiasm for its purchase and there is a steady increase in the demand for the yellow metal in the bullion market.
On Friday, the fifth day of this trading week, trading has started with a fall in the price of gold as well as silver. Today, gold has become cheaper by Rs 45 per 10 grams, while the price of silver has registered a softening of Rs 603 per kg. After this fall, gold is currently trading near Rs 51000 and silver Rs 61000. On the other hand, gold is getting cheaper than its all-time high by about Rs 5200 per 10 grams and silver at the rate of Rs 18700 per kg.
Gold and Silver status on IBJA
According to the website of the Indian Bullion Jewelers Association (IBJA), on the fifth day of this trading week (June 10), on Friday, gold (Gold Price Update) became expensive by Rs 45 per ten grams and opened at Rs 50984 per ten grams. Whereas on the last trading day on Thursday, gold became cheaper by Rs 9 per ten grams and closed at Rs 51029 per 10 grams.
At the same time, today silver (Silver Price Update) became cheaper at the rate of Rs 603 per kg and opened at Rs 61203 level. Whereas on Thursday, silver became costlier by Rs 121 and closed at Rs 61806 per kg.
Gold and Silver Rates on MCX
Like the Indian Bullion Jewelers Association, today on the Multi Commodity Exchange (MCX) gold along with silver is trading softly. Today on MCX, gold is at a level of Rs 50851 by becoming cheaper by Rs 154. While silver is trading at Rs 61134 with a fall of Rs 277.
Gold 5200 and silver 18700 is getting cheaper from all time high
At present, gold is selling cheaper by Rs 5216 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 18,777 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 50984 per 10 grams, 23 carat gold Rs 50780 per 10 grams, 22 carat gold Rs 46701 per 10 grams, 18 carat gold Rs 38238 per 10 grams and 14 carat gold approx. 29826 per 10 grams level.
Gold and silver conditions in the international market
Like the Indian bullion market, gold is trading with a fall in the international market today. In the US, gold is trading at a rate of $ 1,844.25 per ounce, down by $ 2.87. On the other hand, silver is trading with a gain of $ 0.03 at the level of $ 21.68 an ounce.
