gold gets cheaper
Looking at the spot rate of gold issued by the India Bullion Association, today the price of 24-carat gold declined and pure gold fell to Rs 51172 per 10 grams. Adding 3% GST and making and service charge of jewellery, the price of 24 carat gold has reached above Rs 58000. That is, if you want to buy 24 carat gold today, then you will have to spend around Rs 58000 for 10 grams of gold.
24 karat to 18 karat gold rate
Looking at the price of gold, today the price of 24 carat purity gold has closed today without GST at Rs 51172 per 10 grams. At the same time, the price of 23 carat gold closed at Rs 50967 per 10 grams. While the price of 22 carat gold fell to Rs 46874 today, the price of 18 carat gold has reached Rs 38379 per 10 grams. At the same time, the price of silver reached Rs 61448 per 10 grams today.
how cheap is gold
If you compare the price of gold with its highest price, then gold has fallen by about Rs 5000 so far. In August 2020, the price of gold had reached Rs 56264 per 10 grams. If compared with this price, then gold has become cheaper by Rs 4909 per 10 grams. Whereas, silver is selling cheaper at Rs 14,243 per kg than its highest rate.