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Gold breaks 56K, Silver nears Rs 70,000

Gold and silver on seventh sky.

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Gold Price: If you plan to buy gold, silver, or their ornaments in 2023, read on. If gold’s price rises today, it will surpass 56200, its all-time high. Wednesday, 10 gms of gold cost Rs 56142. Gold is sold just Rs 58 below its all-time high; a price increase today could set a new record.

Gold and silver have been rising for months. Gold prices rose on the third day of the first trading week of 2023. Gold cost Rs 561 per 10 grammes and silver Rs 149 per kg on Wednesday.

Gold breaks 56K, Silver nears Rs 70,000

Gold surpassed Rs 56000 per 10 grammes on Wednesday. Silver rose to near Rs 70,000 per kg. After the boom, gold costs Rs 58 per 10 grammes and silver over Rs 10,600 per kg. According to bullion market experts, gold and silver prices may continue to rise.

Gold closed Wednesday at Rs 56142 per kg, up Rs 561 per 10 grammes. On Tuesday, gold closed at Rs 55581 per 10 grammes, up Rs 418.

Along with gold, silver rose on Wednesday (Gold Price Update). Silver rose 149 rupees to Rs per kg. On Tuesday, silver rose Rs 878 per kg to Rs 69227 per kg.

14-24k gold price

On Wednesday, 24 carat gold rose by Rs 561 to Rs 56142, 23 carat by Rs 558 to Rs 55917, 22 carat by Rs 514 to Rs 51426, 18 carat by Rs 421 to Rs 42107, and 14 carat by Rs 328 to Rs 32843 per 10 grammes.

Gold down 58 and silver by 10600 from highs

Gold is Rs 58 per 10 grammes below its all-time high. Gold peaked in August 2020. Gold cost Rs 56200 per ten grammes then. Silver, at Rs 10609 per kg, was cheaper than its peak. Silver peaked at Rs 79980 per kg.

Buy gold now
According to bullion market experts, after Kharmas, the wedding season continues until Makar Sankranti on January 14. Gold and silver prices will rise further in the coming days. People say the price of gold will reach its highest level in 2023. If you have a wedding here, buy gold as soon as possible.

Written by Mallika Dureja

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