Gold and Silver Rate Update: Gold Becomes Cheaper by ₹10,000 — Check Today’s Prices
In Brief
Significant drop in gold and silver prices
What is the current gold price?
How much has the silver price dropped?
In the past few days, there has been significant fluctuation in the prices of gold and silver. Sometimes the prices of gold and silver are seen rising, while at other times they are seen dropping suddenly. Before Diwali, the prices of these two precious metals had reached their peak. Now, due to global trade stability and improvements in trade relations between China-America and India-America, the price of gold is dropping significantly. Today (October 24), gold has decreased by 2000 rupees. From its all-time high, the price of gold has decreased by a substantial 10,000 rupees.
What is the current price of gold?
Currently, there has been a significant drop in the prices of gold and silver. According to the Indian Bullion and Jewelry Association, by 5 PM on October 24, the price of 24-carat gold has decreased by 2000 rupees compared to October 23, and this price has fallen to 1,21,518 rupees per 10 grams. The price of 22-carat gold has decreased by 1700 rupees, reaching 1,11,310 rupees per 10 grams. The price of 18-carat gold has fallen to 91,139 rupees per 10 grams. Meanwhile, the price of 14-carat gold has reached 71,088 rupees per 10 grams.
How much has the price of silver fallen?
Along with gold, the price of silver has also fallen. Today (October 24), the price of silver has decreased by 4400 rupees. Yesterday (October 23), the price of silver was 1,51,450 rupees per kilogram. Now, this price has fallen to 1,47,033 rupees.
Gold and silver prices also fell on MCX
On MCX, the prices of gold and silver have also fallen. For December 5th, the price of silver fell by 2834 rupees to 145678 rupees. The price of gold also decreased by 2171 rupees, reaching 121933 rupees per 10 grams. Meanwhile, a few days ago, the price of gold had reached its all-time high of 132,294. However, now this price has decreased by ten thousand rupees. Currently, the price of silver has also decreased by 25000 rupees compared to its all-time high. On October 17th, the prices of gold and silver had reached their all-time highs. Meanwhile, a significant drop in gold prices is currently being observed. Therefore, it will be important to see if this situation continues in the future.