Sona-Chandi Ke Bhav: Gold and silver prices in the Indian bullion market have witnessed a decline on June 12, 2023. The price of gold is now above Rs 59,000 per 10 grams, while the price of silver is more than Rs 73,000 per kilogram. The 24-carat gold with 999 purity level is priced at Rs 59,834 per 10 grams at the national level, whereas the 999 purity level silver is priced at Rs 73,249 per kilogram.
Gold and silver prices have dropped, according to the India Bullion and Jewellers Association (IBJA). On Friday evening, the price of 24-carat pure gold was Rs 59,976 per 10 grams, which came down to Rs 59,834 on Monday morning. The prices of gold and silver have decreased based on their purity levels.
What are the current rates of gold and silver?
According to the official website ibjarates.com, the price of 10 grams of 995 purity level gold reached Rs 59,595 after a decrease of Rs 400 in the morning. Similarly, the price of 916 purity level gold is now Rs 54,807. The price of 750 purity level gold is now at Rs 44,875, while the price of 585 purity level gold has dropped to Rs 35,002. Moreover, the price of one kilogram of 999 purity level silver has decreased to Rs 73,249.
How much cheaper has gold and silver become?
IBJA does not release rates on Saturdays and Sundays, apart from the government-announced holidays. To know the retail rates of 22-carat and 18-carat gold jewelry, one can call 8955664433 for a missed call. The rates will be sent through SMS soon after. For continuous updates, one can visit www.ibja.co or ibjarates.com.
How much has the rate of 10 grams of gold dropped?
The table below provides information on the standard rates of different purity levels of gold and silver, as released by the Indian Bullion Jewelers Association (IBJA). These prices are exclusive of taxes and making charges.
Gold and silver prices are subject to fluctuation due to their tax-inclusive rates and making charges while purchasing jewelry. It is recommended to keep an eye on the latest prices through authentic sources before making any investments or purchases.
In conclusion, the decline in gold and silver prices is beneficial for those who are planning to invest in these precious metals. However, one should always conduct thorough research and analysis before making any investments.
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