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March 18, 2023

Gold price at all time high, silver rises by Rs 1186

Gold price at all time high, silver rises by Rs 1186

Gold Rate 9 Jan 2023: Today, a big jump is being seen in the price of gold and silver in the bullion market. Today, gold has created a new record by breaking the level of its previous all-time high. Breaking the record of Rs 56254 in August 2020, it has now reached Rs 56336 per 10 grams. At the same time, silver has made a huge jump of Rs 1186 today.

Let us tell you that in the bullion markets, silver is now only Rs 6934 cheaper than its high rate of Rs 76008 per kg 3 years ago. On Monday, the price of 10 grams of gold opened at an average price of Rs 56336 in bullion markets. Today it opened Rs 749 costlier than Friday’s closing price. Whereas, silver became costlier by Rs 1186 and opened at an average price of Rs 69074 per kg.

Today the average spot price of 24 carat gold including GST in the bullion markets is Rs 58026. At the same time, the average price of 23 carat gold is now Rs 57793 with GST. Today it opened at the rate of Rs 56110 per 10 grams. It contains 95% gold. If the profit of the jeweler is added to this, then it will be Rs.63,572. With jewelry making charges it will reach close to Rs.67000.

Let us tell you that these rates of gold and silver are the average rates issued by IBJA, which have been taken from many cities. There is no GST and jewelery making charge on this. It is possible that in your city, gold and silver are being sold expensive or cheaper than this rate by Rs 500 to Rs 2000 per 10 grams.

The price of 22 carat gold is Rs 51604 per 10 grams. Now with 3% GST, the price of this gold is Rs 53152. It contains 85 percent gold. After adding jewelry making charges and jeweler’s profit, it will cost you around Rs.65,000. Whereas, the rate of 18 carat gold is Rs 42252 per 10 grams and with GST its price has now become Rs 43519. It contains only 75 percent gold. By adding jewelry making charges and profit, it will be around Rs.56,200.

Whereas the price of 14 carat gold is Rs 32957. If you add 3 percent GST on this, then it is going to reach Rs.33945. While the rate of silver including GST will be Rs 71146 per kg.

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