After the results of Lok Sabha elections, there is a lot of activity going on in the country for formation of government. Assembly elections are going on in Delhi. Although NDA has got majority but the importance of constituent parties has increased. Its long term effect will be seen on the business sector as well. Before the results, a big decline was seen in gold and silver. The day after the results, there was a jump in precious metals. Today there was a decline in precious metals. Silver suffered a big blow. That is why gold became cheaper. Such are the prices (Gold Silver Price Today 6 June 2024)
Fluctuation in gold prices
The rate hike was halted from May 30. There was a big fall in gold on June 4. The price of gold increased by Rs 760. This week is a volatile session. Initially, it fell by Rs 440 on June 3. On June 5, gold became cheaper by Rs 220. According to GoodReturns, the price of 22 carat gold is now Rs 66,750 per 10 grams while the price of 24 carat gold is Rs 72,800 per 10 grams.
Silver fell by Rs 2300
There was a huge decline in silver since May 30. The prices had gone down to five thousand. On June 4, silver broke this decline and jumped by Rs 1,200. On June 5, the price fell by Rs 2300. According to GoodReturns, the price of one kg silver is Rs 91,700.
What is the price of 14 to 24 carat?
According to the Indian Bullion and Jewelers Association (IBJA), gold rose while silver became cheaper. 24 carat gold was Rs 71,986, 23 carat Rs 71,698, 22 carat gold Rs 65,939. 18 carat gold reached Rs 53990, 14 carat gold reached Rs 42112 per 10 grams. The price of one kilogram of silver reached Rs 88,530. There is no tax or duty on gold and silver in the futures market and the international market. Whereas in the bullion market, due to the inclusion of duty and tax, there is a difference in prices.
missed call prices
The price of 22 carat and 18 carat gold can be known by giving a missed call before buying it. You can give a missed call to 8955664433. After this, an SMS will be sent to your mobile number. Based on that, you will know the prices. Also, to know the price, you can get information on www.ibja.co or ibjarates.com.
