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Big fall in gold and silver prices, know the latest rates

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There is a big fall in the prices of gold and silver today. 24 carat gold has reached close to 60 thousand rupees in bullion market today. While the price of silver has also reached close to 70 thousand rupees. Today in the bullion market, the price of 24 carat gold decreased by Rs 452 per 10 gram to Rs 60,228 as compared to yesterday. While the price of silver fell by Rs 817 to Rs 70,312 per kg.

caret Price (Rs/10g)
24 60,228
23 59,987
22 55,169
18 45,171

Gold may cross 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 reach Rs 62,000 this year, but looking at the current scenario, it looks like it may touch Rs 64,000 per 10 grams. Gold is getting support from the ongoing ups and downs in the stock market. With 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 from its all-time high to Rs 1,511. On May 6, the spot price of 24 carat gold in the bullion market had touched an all-time high of Rs 61,739. These gold and silver rates are published by IBJA. GST and jewelery making charges are not applicable on this rate of gold and silver.