There has been a big jump in the price of gold and silver in the wedding season, but on Tuesday, the brakes were put on this rise. In the bullion markets, there was a softening in the price of both gold and silver today. On Tuesday, the price of gold of 24-carat purity fell by Rs 318 in the bullion markets, while the price of silver also fell below 70 thousand.
how cheap is gold
The price of gold has now become cheaper by Rs 2841 from its all-time high price. On the other hand, silver has fallen to Rs 6119 per kg. Let us tell you that in August 2020, the price of gold had reached its all-time high value. While gold had reached Rs 56264 per 10 grams, the price of silver had crossed Rs 70064.
gold price today
According to the spot rate of gold released by the India Bullion Association, the price of gold of 24 carat purity reached Rs 53285 per 10 grams on Tuesday, while the price of 23 carat gold opened at Rs 53285 per 10 grams. At the same time, the price of 22 carat gold has opened at Rs 48809 per 10 grams, while the best selling 18 carat gold has reached Rs 39964 per 10 grams today. That is, if you want to buy gold jewelery to gift someone or wear yourself in the wedding season, then you can buy it for Rs 39964. However, on this you will be charged GST and making charge separately.
how to check pure gold
There are a few things you need to keep in mind while buying gold. Many times due to lack of information, people buy gold of low carat for the price of 24 carat purity gold. In such a situation, whenever you go to buy gold, definitely see the hallmark mark on it. Apart from this, to identify the purity of gold by ISO, 999 on 24-carat gold, 958 on 23-carat gold, 916 on 22-carat and 750 on 18-carat, after checking which you buy gold.