Gold Price Update 13 August: The festival of Raksha Bandhan is about to come. If you also want to buy gold or its jewelry before Raksha Bandhan, then there is good and important news for you. Gold and silver prices declined on the fifth day of this trading week as well.
This is the third consecutive day when gold has become cheaper. Due to this, the buyers are looking very excited. After this, gold has started trading below Rs 59,000 per 10 grams. While silver is trading close to Rs 70,000 per kg.
On Friday, the fifth day of this trading week, gold (Gold Price Update) became cheaper by Rs 4 per 10 grams and closed at Rs 58904 per kg. While before that, on the last trading day on Thursday, Gold Price fell at the rate of Rs 228 per 10 grams and closed at the level of Rs 58909 per 10 grams.
On Friday, along with gold, the price of silver also saw a decline. On Friday, silver became cheaper by Rs 78 and closed at Rs 70098 per kg. On the other hand, on Thursday, silver closed at a level of Rs 70176 with a gain of Rs 49 per kg.
Latest rate of 14 to 24 carat gold in the country
After this, 24 carat gold became cheaper at Rs 58905, 23 carat Rs 58669, 22 carat Rs 53957, 18 carat Rs 44179 and 14 carat was trading at Rs 34459 per 10 grams on Friday. Let us tell you that the gold and silver rates of MCX and the international market are tax-free, so there is a difference in the rates of markets across the country.
2700 from gold all time high and silver more than Rs 6300 cheaper
After this, gold and silver have become even cheaper than their all-time high rates. At present, gold is at its highest price of Rs.2741. 6366 per 10 grams and silver Rs. Available cheap per kg.
Let us tell you that on May 4, 2023, gold and silver had made a record of their all-time high rate of inflation. On that day, the gold price had touched a level of Rs 61646 per 10 grams, while silver had closed at Rs 76464 per kg.
Know the latest rate of gold in your city like this
If you are planning to buy gold or its jewellery, you can know the current price of 22 carat and 18 carat gold jewelery by giving a missed call on 8955664433. Within no time, you will get the latest quote on your mobile via an SMS. You can visit www.ibja.co or ibjarates.com for latest gold and silver rates updates.