Gold Price Latest Updates: There are fluctuations in the prices of gold and silver in the last few days of the week. Gold prices have fallen while silver prices have increased. In this article, we will present the details of the changes in the prices of gold and silver this week, and will also look at important information related to hallmarking.
Weekly Gold Price Analysis
Earlier last week, on September 11, gold was trading at Rs 59,199 per 10 grams. On September 12, gold prices were at Rs 58,865 per 10 grams. On September 13, 2023, the gold price reached a high of Rs 58,791 per 10 grams and on September 14, 2023, the gold price was at a low of Rs 58,697 per 10 grams. However, on September 15, 2023, gold prices rose again to Rs 59,016 per 10 grams.
This reflects a short-term decline in gold prices last week, but still saw stability in its price.
Weekly Silver Price Analysis
Silver prices have also been volatile during the last week. On September 11, 2023, the price of silver reached Rs 71,343 per kg and on September 12, 2023, it reached Rs 70,900 per kg.
On September 13, 2023, the price of silver was Rs 70,925 per kg, which increased to Rs 70,306 on September 14. However, on September 15, 2023, silver prices rose again to Rs 71,853 per kg.
Changes in silver prices this week show that silver is becoming increasingly important in the financial markets and this may have an impact on investors.
Important information about hallmarking
The government has increased awareness about hallmarking and announced mandatory hallmarking in 55 new districts of the country. This is ensuring that the quality and prices of gold jewelery and silver jewelery remain intact.
The process of hallmarking first started on 23 June 2021 and since then efforts have been continuing to ensure the quality of jewellery. Hallmarking ensures that the customer receives high quality jewelery and avoids fraud.