New Delhi: In the wedding season, if you also want to buy gold or gold jewelry in the wedding season, there is good news for you. Last week, along with gold, there was a big fall in the price of silver. Between April 18 and 23, gold prices declined by Rs 1116 per 10 grams, while silver declined by Rs 3225 per kg. In such a situation, due to the fall in the price of silver along with gold in the wedding season, there is a lot of enthusiasm among the customers regarding the purchase of gold and silver.
Rate is not issued on holidays
It is worth noting that the website of Indian Bullion Jewelers Association (IBJA) remains closed on holidays. Therefore, due to the closure on Saturday and Sunday, now the market will open directly on Monday. In fact, Indian Bull and Jewelers Association (IBJA) does not issue gold and silver rates on national holidays as well as on Saturdays and Sundays.
Gold became cheaper by Rs 1116, while silver fell by Rs 1644
According to the website of India Bullion and Jewelers Association (IBJA), the bullion market started this week i.e. on April 18. Sleep 53,590 which has now come down to Rs 52474 per 10 grams on 23rd April. That is, its price has come down by Rs 1116 this week. At the same time, silver has seen a fall of more than thousand rupees this week. According to the website of IBJA, it was at Rs 69910 earlier this week, which has now come down to Rs 66685 per kg. That is, its price has come down by Rs 3225 this week.
On Friday, the fifth and last day of this trading week, along with gold, there has been a big fall in the price of silver. This is the fourth consecutive day that silver along with gold has become cheaper. On Thursday, gold became cheaper by Rs 66 per 10 grams as compared to the previous trading day, while silver recorded a major fall of Rs 645 per kg. Earlier on Thursday, gold became cheaper by Rs 212 and silver by Rs 1260. After this fall, gold is now getting cheaper by Rs 3726 and silver by Rs 113245 from its all-time high.
On Friday, gold became cheaper by Rs 66 per ten grams and closed at Rs 52474 per 10 grams. Earlier, on the last trading day on Thursday, gold had closed at Rs 52540 per 10 grams. On the other hand, silver became cheaper by Rs 645 and closed at Rs 66685 per kg. Earlier on Thursday, silver closed at 67330 per kg level.
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14 to 24 carat gold latest price
In this way, on Friday, 24 carat gold became cheaper by Rs 66 by Rs 52474, 23 carat gold by Rs 52264, 22 carat gold by 61 by Rs 48066, 18 carat gold by Rs 49, by Rs 39356 and 14 carat gold by 39. Rupee became cheaper and closed at Rs 30697 per 10 grams.
Gold 3726 and silver 13245 is getting cheaper from all time high
Despite this rise, gold was selling cheaper by about Rs 3726 per 10 grams on Friday than its all-time high. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 13245 per kg from its highest level. The all-time high level of silver is Rs 79980 per kg.
Know the latest price of gold like this by giving a missed call
You can give a missed call to 8955664433 to know the retail rates of 22 karat and 18 karat gold jewellery. Rates will be received through SMS in a short time. Along with this, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.
24 carat gold is purest
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. Therefore, mostly 22 carat gold is used in making jewelery or jewellery. 24 carat gold is 99.9 percent quality and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold, whereas 24 carat gold is brilliant, but its ornaments cannot be made. That’s why most of the shopkeepers sell gold in 22 carats.
Know the purity of gold like this
If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.
Buy gold only after seeing the hallmark
Be sure to pay attention to the quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines the hallmark. The hallmarking scheme operates under the Bureau of Indian Standards Act, rules and regulations. Hall marks are given by ISO to identify the purity of gold. 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most of the gold is sold in 22 carats, while some people also use 18 carats. Carat is not more than 24, and the higher the carat, the more pure the gold is called.
Know what is the difference between 22 and 24 carat gold?
24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, it cannot be made into jewellery. That’s why most of the shopkeepers sell gold in 22 carats.
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first published:April 24, 2022, 7:30 a.m.