look news india
The entire bullion market has brightened due to continuous increase in the prices of gold and silver. This time, even before Dhanteras, the price of 24 carat gold has reached Rs 80 thousand, 22 carat gold has reached Rs 73,600 and 18 carat gold has reached Rs 65,600 per 10. Whereas the price of silver has reached Rs 95 thousand per kg.
On Saturday, the price of 24 carat gold increased by Rs 870 to Rs 79,130 per 10 grams. Earlier on October 18, its price was Rs 78,260 per 10 grams. Talking about the price of 22 carat gold, its price increased by Rs 800 to Rs 72550 on Saturday. Earlier on October 18, its price was Rs 71750 per 10 grams.
price will increase further
According to the information, the festival season is going on and the wedding season is also going on. In such a situation, there is a possibility of further increase in the prices of gold and silver in the near future.
The price of 28 carat has increased by Rs 650.
Apart from all this, if we talk about 18 carat gold, its price has increased by Rs 650 on Saturday. After which gold reached Rs 59360 per 10 grams. Earlier on October 18, its price was Rs 58170. Let us tell you that before buying gold, it is important to check its purity. 24 carat gold is considered the purest and this should also be considered while buying. This is a guarantee of the purity of gold.
Silver reached record high
Apart from gold, if we talk about the price of silver, then after a break of four days its price has increased by Rs 2000 per kg. After which its price became Rs 99000 per kg, which is a new record in itself. Earlier on October 18, its price was Rs 97000.
Purchasing is affected to a great extent by the increase in prices.
According to the information, the price of gold has been increasing continuously since the beginning of this year. More shopping is done at the time of marriage. But it is auspicious to shop on one day in a year i.e. on Dhanteras. This will have some impact, but when a festival comes once a year, people definitely do shopping on this day. The increase in prices has greatly affected purchasing.
Know the price by missed call
To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on mobile number-8955664433. The new prices will be available via SMS within a few minutes. Apart from this, you can visit www.ibja.co or ibjarate.com for continuous updates.
What is the difference between 22 and 24 carat gold?
24 carat gold is 99.9 percent pure and 22 carat gold is approximately 91 percent pure. Jewelery is made by mixing 22 carat gold with 9 percent other metals like copper, silver and zinc. Whereas 24 carat gold is shiny. But jewelery cannot be made from it. Therefore most traders are selling 22 carat gold.