[LIVE] Todays Gold and Silver Rate: Gold prices are constantly rising and falling every day. If you are out in the market to buy gold-silver jewelry and you don’t know the latest price, you don’t need to ask anyone. You can easily find the retail rates of 22 carat and 18 carat gold jewelery by just making a missed call. For this you have to give missed call on 8955664433. You will get the latest gold and silver prices via SMS within a short time. This rate will be per gram. This does not include GST and jewelery making charges.
Let us tell you that the price of gold jewelry varies across the country. Each state imposes excise duty, state tax and manufacturing charges on this metal in its own way. Let us tell you that compared to last year, this year on Diwali, the price of gold has decreased by about 3000 rupees.
Who issues gold rates?
The number you missed call belongs to India Bullion and Jewelers Association. This is the body through which RBI sets the price of sovereign gold bonds at the rate issued by it. Let us tell you that the rates issued by IBJA are universal across the country. However, the rates given on this website do not include GST. You can refer to the IBJA rate while buying and selling gold. According to the India Bullion and Jewelers Association, ibja takes the current rates of gold and silver from 14 centers across the country and gives their average value. The current rate or rather the spot price of gold and silver may vary from place to place, but there is little difference in their prices.
24 carat gold price
At the same time, the price of 10 grams of 24 carat gold in the country today is Rs 51,510. The feeling was the same the day before. At the same time, today’s rate in Lucknow is 51,660, which was also 51,660 yesterday. For information, let us inform you that the above gold rates are indicative and do not include GST, TCS and other charges. Contact your local jeweler for exact rates.
Talking about the price of silver, there has been a slight increase in the price of silver in Lucknow as well. Today the price of one kg of silver is 62,700. Simultaneously, this cost was 62,300 yesterday. That is, the price of silver has increased by 400 rupees per kg.
How to know the purity of gold
Hole marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 for 24 carat, 958 for 23 carat, 916 for 22 carat, 875 for 21 carat and 750 for 18 carat. Most gold is sold in 22 karat, while some people also use 18 karat. A karat is no more than 24, and the higher the karat, the more pure the gold is said to be.
What is the difference between 22 carats and 24 carats gold?
24 carat gold is 99.9% pure and 22 karat is about 91% pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is sumptuous, it can’t be made into gems. That is why most shopkeepers sell gold in 22 carats.
Know the price of gold by missed call
To know the retail rates of 22 carat and 18 carat gold jewelry you can miss call on 8955664433. Rates will be received via SMS shortly. Apart from this, for information about continuous updates, you can visit www.ibja.co or ibjarates.com.
People should keep in mind the quality of gold while buying it. A buyer only after seeing the Hallmark mark. Hallmark is a government guarantee of gold, the Bureau of Indian Standards (BIS) determines the hallmark.