Gold Price Update 1 July: Important news for gold and silver buyers. Once again a fall in the prices of gold and silver has been recorded. After this gold and silver are getting much cheaper than all time high.
Gold Price Update 1 July: If you also want to buy gold, silver or its jewellery, then there is important news for you. Gold and silver prices continued to fall on the fifth and last day of this trading week as well. After this gold fell to Rs 58000 per 10 grams and silver started selling around Rs 68500 per kg.
On Friday, the fifth day of this trading week, gold (Gold Price Update) became cheaper by Rs 96 per 10 grams and closed at Rs 58055 per kg. Whereas before that, on Wednesday, on the last trading day, gold became cheaper by Rs 291 per 10 grams and closed at the level of Rs 58151 per 10 grams.
On Friday, along with gold, the price of silver also declined. On Friday, silver became cheaper by Rs 543 and closed at Rs 68429 per kg. Earlier on Wednesday, silver had become cheaper by Rs 551 and closed at Rs 68972 per kg.
Latest 14 to 24 carat gold rate
After this, on Friday, 24 carat gold became cheaper and was trading at Rs 58055, 23 carat Rs 57823, 22 carat Rs 53178, 18 carat Rs 43541 and 14 carat Rs 33962 per 10 grams. Let us tell you that the gold and silver rates of MCX and the international market are tax-free, so there is a difference between the rates of the country’s markets.
From all-time high, gold is cheaper by Rs 3500 and silver by more than Rs 11000
After this, gold is selling cheaper by Rs 3591 per 10 grams than its all-time high. Let us tell you that gold made its all-time high on 4 May 2023. On that day gold had gone up to the level of Rs 61646 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 11551 per kg. The all-time high level of silver is Rs 79980 per kg.
Know the latest gold price by giving a missed call
To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for information about continuous updates.