Gold Price Today: Today, there is a fall in the price of 10 grams of gold in the bullion market. The price of 10 grams of gold has come down to Rs 61,000 in the jewelery market. Gold price has fallen by Rs 448 today. A slight decline of Rs 191 has also been seen in the price of silver.
Gold Price Today: Today, there is a big fall in the price of 10 grams of gold in the bullion market. The price of gold in the jewelery market has come down below Rs 61,000. On Wednesday, the third trading day of the week, the price of gold fell by Rs 448 and was trading at Rs 60,618. Silver prices fell by Rs 2,755 to close at Rs 72,040.
Fall in the price of Gold
Yesterday the gold price had closed at Rs 61,066. Today the price of gold has fallen by Rs 448 to Rs 60,618. There was softness in 22 carat gold, in which most of the jewelery is made. 22 carat gold is trading at Rs 55,526, down by Rs 411.
Gold and silver rate on IBJA
The rates of gold and silver given on the website of IBJA are given in the table below. The rate of gold ranging from 24 carat 10 grams to 14 carat gold is given in the table. Along with this, the rate of one kilogram of silver has been given. Today’s rate of Gold and Silver has been compared with yesterday’s closing price. Here is the price of 10 grams of gold and 1 kg of silver in the bullion market.
Here is the price of gold and silver in the jewelery market
| Metal | Rate of May 17 (Rs./10 grams) | Rate of May 16 (Rs./10 grams) | Change in rate (Rs/10g) |
| Gold 999 (24 Carat) | 60618 | 61066 | -448 |
| Gold 995 (23 Carat) | 60375 | 60821 | -446 |
| Gold 916 (22 Carat) | 55526 | 55937 | -411 |
| Gold 750 (18 Carat) | 45464 | 45800 | -336 |
| Gold 585 ( 14 Carat) | 35462 | 35724 | -262 |
| Silver 999 | 71739Rs/Kg | 71930Rs/Kg | Rs.191/Kg |
Gold prices will rise this year
If experts are to be believed, then the price of gold can cross the price of Rs 64,000 this year. If Ajay Kedia, director of Kedia Advisory, is to be believed, the price of gold may remain high this year and the price may reach up to Rs 64,000. Now it remains to be seen how long it will reach this level in the year 2023.
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