
Gold Price Today: सोना 700 रुपये, चांदी 6,100 रुपये जानिए 14 से 24 कैरेट सोने के रेट
It was May 1st, 2023 and the stock market was closed for the day due to the national labor day and Maharashtra day. This was the first closure in India after three days of trading.
It all started on April 29th with the stock market opening after a long weekend. The traders were excited to get back to their trade and the market was buzzing with activity. Everyone was hoping to make a quick profit and make up for the time they had missed.
Unfortunately, the market closed early on April 30th due to a technical glitch. There was a lot of uncertainty in the air as traders waited to see if the market would open the next day.
Unfortunately, the market remained closed on May 1st as the holidays kept the trading halls empty. The gold price was also affected as the trading was halted in the country.
Most of the traders had to wait until the next day to begin their trading. It was frustrating for some, but there was nothing that could be done about it.
The stock market finally opened for trading again on May 2nd and the traders were relieved to get back to their business. The gold price was slightly higher than it had been before the closure, but it was still within the acceptable range.
The traders were looking forward to the future and hoping that the stock market would remain open and stable. They were cautiously optimistic about the future and were ready to take on any
The Bullion market had remained closed for three days as the stock market was closed on Saturday 29th April, Sunday 30th April and Monday, May 1, 2023. It was the holiday of Labour Day and Maharashtra Day. As the bullion market had no trading for three days, the prices of gold and silver had remained unchanged.
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On Tuesday, the bullion market opened after three days of closure. People had already started to line up outside the market since morning. Bullion merchants had brought in a lot of gold and silver from their stores. With anticipation, the people had come to buy or sell gold and silver. Everyone wanted to take advantage of the favourable fluctuations in gold and silver prices.
The bullion market was abuzz with the sound of people bargaining for the price of gold and silver. Some people were selling gold, while some were buying it. Some people had come to sell silver, while some were interested in buying it. All the traders were busy with their work and the market was bustling with activity.
Ultimately, the prices of gold and silver increased by the end of the day. This was a good sign of the market recovering after three days of closure. People were relieved as the prices of gold and silver had gone up and they had managed to make good profits.
The bullion market had reopened with a positive outcome and everyone was happy with the situation. The next day, the stock market also opened.
If you too are planning to buy gold and silver for the wedding season, then there is an important and good news for you. At present, gold can be bought cheaper by about Rs 700 per 10 grams and silver by about Rs 6,100 per kg from the all-time high. At present, gold is selling below the psychological level at Rs 60,000 per 10 grams and silver at Rs 74,000 per kg.
Gold Price Today: New rate today
The new business week began today, and all eyes were on the Indian bullion market, given the rise in the price of both gold and silver in the last trading week. With the current demand for precious metals and the uncertain economic situation, all eyes were on the opening of the bullion market today.
The morning started off uneventfully, with the price of gold remaining relatively stable. But as the day progressed, it became apparent that the price of gold and silver were on the rise. Analysts speculated that this was due to the increase in global demand for metals, as well as increased speculation from investors.
As the day came to a close, the price of gold had risen significantly, with many investors and traders taking advantage of the situation. It was clear that gold and silver were the precious metals to watch this week, as the demand for these metals continued to increase.
The first day of the new business week ended on a positive note, with the price of gold and silver rising significantly. This was a positive sign for the future of the Indian bullion market, and investors were optimistic about the future of these precious metals. With the demand for gold and silver expected to remain high, it seems that the bullion market is set for another profitable week.
It may be noted that the Indian Bullion Jewelers Association (IBJA) does not issue rates on Saturdays and Sundays except on holidays declared by the Central Government. On the other hand, bullion market remained closed on Monday on account of Labor Day and Maharashtra Day. That is, after the holiday of three days, now the new rates of gold and silver will be released today.
Gold Price Today: Friday Status
On Friday, the last day of the last trading week, gold (Gold Price Update) became cheaper by Rs 347 per 10 grams and closed at Rs 60168 per kg. While earlier on Thursday, gold became costlier by Rs 84 per 10 grams and closed at Rs 60515 per 10 grams.
On Friday, along with gold, the price of silver also declined. On Friday, silver fell by Rs 547 to close at Rs 73868 per kg. Whereas on Thursday, silver became costlier by Rs 215 and closed at Rs 74415 per kg.
Latest 14 to 24 carat gold rate
After this, 24 carat gold became cheaper by Rs 347 to Rs 60168, 23 carat gold became cheaper by Rs 346 to Rs 59927, 22 carat gold became cheaper by Rs 288 to Rs 55114, 18 carat gold became cheaper by Rs 260 to Rs 45126 and 14 carat gold became cheaper by Rs 260. Happened. Gold is trading cheaper by Rs 203 at the level of Rs 35198 per 10 grams. Let us tell you that the gold and silver rates of MCX and the international market are tax free, hence there is a difference in the rates of the country’s markets.
Gold fell by Rs 700; Silver breaks Rs 6,100 from its all-time high.
After this, gold is selling cheaper by Rs 712 per 10 grams from its all-time high. Let us tell you that gold had made its all-time high on 13 April 2023. On that day gold had gone up to the level of Rs 60880 per ten grams. At the same time, silver was still getting cheaper from its highest level at Rs 6112 per kg. The all-time high level of silver is Rs 79980 per kg.
Know the latest price of gold by giving a missed call
You can give a missed call to 8955664433 to know the retail rate of 22K and 18K gold jewellery. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.
check gold purity
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.
24 carat gold is the 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. That’s why mostly 22 carat gold is used in making jewelery or jewellery. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is shiny, but its jewelery cannot be made. That’s why most shopkeepers sell 22 carat gold.
Importance of Hallmark
While buying gold, customers must take care of its quality. Gold ornaments should be bought only after seeing the hallmark. Hallmark is a government guarantee for gold and the Bureau of Indian Standards (BIS) is the only agency to determine hallmarks in India. The Hallmarking Scheme is governed by the rules and regulations under the Bureau of Indian Standards Act.
Hallmarks are given by ISO to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most gold is sold in 22 carat, while some people use 18 carat as well. Karat does not exceed 24, and the higher the karat, the purer the gold.