Gold Rate Today: Silver Prices Fell 8 Times Faster Than Gold This Week, Gold Still Cheaper By Rs 2400
![Silver Prices Fell 8 Times Faster Than Gold This Week](https://yuvapatrkaar.com/static/c1e/client/107569/uploaded/30b468f9318bcf6ff956f5872edf3824.jpg?width=968&height=545&resizemode=4)
Gold Rate Today :- Inflation is increasing so much with time. It has become very difficult for people to buy Gold-Silver. Since ancient times, it is customary in our society to give gold and silver ornaments on the occasion of weddings. As the prices of gold and silver are increasing. By the way, Gold and Silver are being bought less by the people. For some time, the prices of gold and silver have been increasing continuously. Amidst the ever increasing prices, there is good news for the customers. This week, there was a huge fall in the prices of gold and silver in the bullion market.
Gold fell by ₹273 in last one week
This week the prices of gold and silver were seen falling. In the last 5 days gold traders closed down by only Rs 273 per 10 grams, while silver prices also registered a huge decline of Rs 1860 per kg. On Friday, the price of pure gold i.e. 24 carat gold was recorded at Rs 59,259 per 10 grams and the price of silver was up to Rs 72000 per kg. On July 31, the price of 24 carat gold opened at Rs 59,505 per 10 grams and closed at Rs 59,567.
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- Gold rate according to different carats
- Gold 999 (24 Carat) 59294 59567 -273
- Gold 995 (23 Carat) 59057 59328 -271
- Gold 916 (22 Carat) 54313 54563 -250
- Gold 750 (18 Carat) 44471 44675 -160
- Gold 585 (14K) 34687 34847 -160
- Gold 999 72000 73860 Rs.1860 per kg
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There was also a huge fall in the price of silver
On the other hand, if we talk about silver, then the sale of silver opened from Rs 73,561 per kg to Rs 73,860 per kg. This week the price of silver reached up to Rs.76,428 and became cheaper by Rs.4,428 and reached Rs.72,000. In the same week, on July 31, gold prices fell from Rs 59,567 to Rs 59,294 per 10 grams, falling by Rs 273. At present, gold is getting cheaper by Rs 2445 per 10 grams than the all-time high. On May 5, the price of 24-carat gold had reached an all-time high of Rs 61,739, while silver was Rs 77,280 per kg.