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Home CURRENT AFFAIRS BUSINESS Gold Rate Today: Gold Fell Sharply Before Diwali. Here is the Rate...

Gold Rate Today: Gold Fell Sharply Before Diwali. Here is the Rate List

Gold Rate Today: The holy festival of Dhanteras and Diwali is near. On the occasion of both these festivals, people buy gold and silver fiercely. Therefore, in this trading week, the Indian bullion market is expected to be very bright. Meanwhile, once again the price of silver along with gold is seen falling.

Today gold has become cheaper by Rs. 123, while a decrease of Rs. 590 is being seen in the price of silver. After this fall, gold is selling below Rs. 51000 and silver Rs. 56000. Along with this, gold is getting cheaper by about Rs. 5800 per 10 grams and silver by about Rs. 24,500 per kg from the all-time high.

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Gold and Silver status on IBJA

According to the website of Indian Bullion Jewelers Association (IBJA), on the first day of this trading week, on Monday (October 15), gold became cheaper by Rs. 123 per ten grams and opened at Rs. 50315 per ten grams. Whereas on the last trading day on Friday, gold also became costlier by Rs. 431 per ten grams and closed at Rs. 50438 per 10 grams.

On the other hand, today silver (Silver Price Update) became cheaper by Rs. 590 per kg and opened at Rs. 55452 per kg. Whereas on the last trading day on Friday, silver became cheaper by Rs. 1044 and closed at Rs. 56042 per kg.

Gold and silver rates on MCX

Unlike the Indian Bullion Jewelers Association (IBJA), gold and silver are trading with a rise on the Multi Commodity Exchange (MCX) today. Today on MCX, gold is at a level of Rs. 50,418 by becoming costlier by Rs. 158. While silver is trading at a level of Rs. 57,465 with a softening of Rs. 491.

Gold 5800 and silver 24500 is getting cheaper from all time high

At present, gold is selling cheaper by about Rs 5885 per 10 grams than its all-time high. Gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56,200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 24528 per kg from its highest level. The highest ever level of silver is Rs 79980 per kg. In such a situation, for those who are planning to buy gold or silver, this can prove to be a good buying opportunity for them.

Also Read: Gold Price Today: Golden Opportunity to Buy Gold and Silver Before Dhanteras and Diwali

Gold Price and Silver Price in major cities of the country

Delhi
22ct Gold: Rs. 46,610, 24ct Gold: Rs. 50,830, Silver Price: Rs. 55,300

Mumbai
22ct Gold: Rs. 46,460, 24ct Gold: Rs. 50,680, Silver Price: Rs. 60,500

Kolkata
22ct Gold: Rs. 46,460, 24ct Gold: Rs. 50,680, Silver Price: Rs. 55,300

Chennai
22ct Gold: Rs. 46,910, 24ct Gold: Rs. 51,170, Silver Price: Rs. 55,300

Hyderabad
22ct Gold: Rs. 46,460, 24ct Gold: Rs. 50,680, Silver Price: Rs. 60,500

Bangalore
22ct Gold: Rs. 46,510, 24ct Gold: Rs. 50,730, Silver Price: Rs. 60,500

Mangalore
22ct Gold: Rs. 46,510, 24ct Gold: Rs. 50,730, Silver Price: Rs. 60,500

Ahmedabad
22ct Gold: Rs. 46,510, 24ct Gold: Rs. 50,730, Silver Price: Rs. 55,300

Surat
22ct Gold: Rs. 46,510, 24ct Gold: Rs. 50,730, Silver Price: Rs. 55,300

Nagpur
22ct Gold: Rs. 45,490, 24ct Gold: Rs. 50,710, Silver Price: Rs. 55,300

Pune
22ct Gold: Rs. 45,490, 24ct Gold: Rs. 50,710, Silver Price: Rs. 55,300

Bhubaneswar
22ct Gold: Rs. 46,460, 24ct Gold: Rs. 50,680, Silver Price: Rs. 60,500

Chandigarh
22ct Gold: Rs. 46,610, 24ct Gold: Rs. 50,830, Silver Price: Rs. 55,300

Jaipur
22ct Gold: Rs. 46,610, 24ct Gold: Rs. 50,830, Silver Price: Rs. 55,300

Lucknow
22ct Gold: Rs. 46,610, 24ct Gold: Rs. 50,830, Silver Price: Rs. 55,300

Patna
22ct Gold: Rs. 45,480, 24ct Gold: Rs. 50,710, Silver Price: Rs. 55,300

Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)

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