The bullion market in Meerut, Uttar Pradesh, has released the rates for gold and silver for Wednesday, July 12. Jeweler trader Priyanshu Rastogi stated that there have been no changes in the rate of gold, while silver has witnessed a decrease of Rs 300. In such a scenario, it is a great opportunity for customers to purchase gold and silver.
On Wednesday, the rate for 10 grams of 22-carat gold is Rs 54,816. The purchase was also made at the same rate on Tuesday. Due to the weekly closure on Monday, no new rates were released. However, on July 8th and 9th, the purchase of 22-carat gold was made at a rate of Rs 54,862 per 10 grams.
The rate for 18-carat gold remains unchanged, and its price on Wednesday is Rs 44,850 per 10 grams. Due to the weekly closure on Monday, its price was not announced. However, on July 7th, 8th, and 9th, the price of 18-carat gold was Rs 44,887. Similarly, today (Wednesday), the rate for 14-carat gold is Rs 34,833 per 10 grams.
A decrease of Rs 300 in the price of silver.
On Wednesday, there has been a decrease of Rs 300 in the price of silver, and one kilogram of silver is available at Rs 71,300 in the Meerut bullion market. On Tuesday, there was an increase of Rs 100 in the price of silver. Monday was the weekly closure. There were no changes in the silver rate on Saturday. However, on Friday, there was a sudden rise of Rs 950 in the price of silver.