Indian Bullion Market Witnesses Increase in Gold and Silver Prices on June 2, 2023
In the Indian bullion market, gold and silver prices have witnessed an increase on June 2, 2023. The price of gold has crossed Rs. 60,000 per 10 grams, while the price of silver has crossed Rs. 72,000 per kilogram. The national level price for 24-carat gold with 999 purity is Rs. 60,322 per 10 grams, and for 999 purity silver, it is Rs. 72,376 per kilogram.
India Bullion and Jewellers Association stated that on Thursday evening, the price of 24-carat pure gold was Rs. 60,157 per 10 grams, which has now reached Rs. 60,322 per 10 grams. Similarly, the prices of gold and silver have increased according to their purities.
Gold and Silver Prices Today:
According to the official website ibjarates.com, the price of 10 grams of 995 purity gold has increased to Rs. 60,080 this Friday morning. The price for 22-carat gold with 916 purity is Rs. 55,255, while for 18-carat gold with 750 purity, it is Rs. 45,242. The price of 14-carat gold with 585 purity has reached Rs. 35,288. Moreover, one kilogram of 999 purity silver is priced at Rs. 72,376.
Gold Price Today:
The table below shows the latest prices of gold according to their purities:
| Purity | Thursday Evening Rate | Friday Morning Rate | Rate Change |
|——–|———————-|———————|————-|
| 999 | 60,157 | 60,322 | +Rs. 165 |
| 995 | 59,916 | 60,080 | +Rs. 164 |
| 916 | 55,104 | 55,255 | +Rs. 151 |
| 750 | 45,118 | 45,242 | +Rs. 124 |
| 585 | 35,192 | 35,288 | +Rs. 96 |
Note that the prices released by the Indian Bullion Jewelers Association vary according to the purity of gold and do not include GST. The prices of gold and silver while purchasing jewelry are higher due to taxes and making charges.
Get Gold and Silver Prices through Missed Call:
Apart from the official website, one can also get information about retail rates of 22 and 18-carat gold jewelry by giving a missed call on 8955664433. Rates will be sent via SMS in a few minutes. For continuous updates, one can visit www.ibja.co or ibjarates.com.
In conclusion, the Indian bullion market has witnessed an increase in gold and silver prices on June 2, 2023. The prices of gold and silver have increased according to their purities. One can get updates about the prices through the official website or by giving a missed call.
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