Gold Prices Drop, Making it the Best Time to Buy
Gold and silver prices have dropped, providing an excellent opportunity for those looking to purchase jewelry during the wedding season. On Wednesday, the price of gold plummeted by Rs 495 per 10 grams, closing at Rs 60,096. Similarly, the price of silver also dropped by Rs 80 to Rs 71,824 per kilogram.
Gold Prices for 14 to 24 Karats
At present, the cost of 24-karat, 23-karat, 22-karat, 18-karat, and 14-karat gold remains constant at Rs 60,028, Rs 59,788, Rs 45,021, Rs 35,116, and Rs 28,571 per gram, respectively. It’s worth noting that the rates of gold and silver in the MCX and international markets are tax-free, resulting in a difference in rates in the domestic markets.
Gold and Silver Prices Hit All-Time Highs
Despite the drop in prices, gold is still trading at a lower rate than its all-time high, which was set on May 4, when it reached Rs 61,646 per 10 grams. On the other hand, silver remains cheaper than its all-time high, trading at Rs 8,156 per kilogram.
Get the Latest Gold Prices with Just One Missed Call
Gold prices fluctuate regularly, but keeping track of them is made easy with just one missed call. By dialing 8955664433, individuals can receive real-time updates on gold prices sent directly to their message inbox.
This drop in gold and silver prices is a significant opportunity for those looking to purchase jewelry during the wedding season. Take advantage of the current low rates and purchase your desired pieces before prices rise again.
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