Big drop in gold-silver prices, know the latest prices

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Gold and silver prices are seeing a big drop today. 24 carat gold has touched close to Rs 60,000 in the bullion market today. While the price of silver has also reached close to 70,000 rupees. 24 carat gold was priced at Rs 60,228 in the bullion market today, down by Rs 452 per 10 grams compared to yesterday. While the price of silver has decreased by 817 rupees to 70,312 rupees per kg.


Carat
 Price (Rupees/10 Grams)
24
 60,228
23
 59,987
22
 55,169
18

45,171


Gold may reach 65,000 by the end of the year

The gold super cycle which started in the year 2020 is still going on. Gold was expected to touch Rs 62,000 this year, but given the current scenario, it looks like it could touch Rs 64,000 per 10 grams. Gold is getting support due to the ongoing ups and downs in the stock market. Due to this, gold can reach Rs 65,000 per 10 grams by the end of the year.

Prices published by IBJA

In the bullion market, gold fell to Rs 1,511 from its all-time high. The spot price of 24 carat gold touched an all-time high of Rs 61,739 in the bullion market on May 6. These gold and silver rates are published by IBJA. GST and Jewelery Making Charge are not applicable on this rate of gold and silver.

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