Gold and Silver Price Today: The rates of gold are continuously increasing and decreasing daily. If you are going out to buy gold and silver jewelery in the market and you do not know the latest price, then you do not need to ask anyone. You can easily find out retail rates of 22 karat and 18 karat gold jewellery, just by making a missed call. For this you have to give a missed call on 8955664433. You will get the latest rates of gold and silver through SMS in a short time. This rate will be available at the rate of per gram. This does not include GST and jewelery making charges.
Let us tell you that the price of gold jewelery varies across the country. Every state imposes Excise Duty, State Tax and Making Charges on this metal according to its own. Let us tell you that compared to last year, a decrease of about Rs 3000 has been seen in the price of gold on Diwali this year.
Who issues this rate
The number on which you give a missed call is of India Bullion and Jewelers Association. This is the same institution, by which RBI decides the price of Sovereign Gold Bond at the rate issued by it. Let us tell you that the rates issued by IBJA are universal across the country. However, the rate given on this website does 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 rate of gold and silver from 14 centers across the country and gives its average value. The current rate of gold and silver or rather the spot price may differ from place to place, but there is a slight difference in their prices.
24 carat gold price
At the same time, the price of 10 grams of 24 carat gold in the country is Rs 51,510 today. The sentiment was the same on the previous day as well. At the same time, today’s rate in Lucknow is 51,660, which was 51,660 yesterday as well. For information, let us tell 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 rate of silver, a slight jump in the rates of silver has also been seen in Lucknow. Today the rate of one kg of silver is 62,700. At the same time, this price was 62,300 yesterday. That is, the price of silver has increased by Rs 400 per kg.
How to Know the Purity of Gold
Hall marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most of the gold is sold in 22 carats, while some people also use 18 carats. Carat is not more than 24, and the higher the carat, the more pure the gold is called.
Know what is the difference between 22 and 24 carat?
24 karat gold is 99.9% pure and 22 karat is approximately 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, but its ornaments cannot be made. That’s why most of the shopkeepers sell gold in 22 carats.
Know the price by missed call
You can give a missed call to 8955664433 to know the retail rate of 22 carat and 18 carat gold jewellery. Rates will be received through SMS in a short time. Apart from this, for information about continuous updates, you can visit www.ibja.co or ibjarates.com.
While buying gold, people must keep in mind its quality. Buyer only after seeing the hallmark mark. Hallmark is the government guarantee of gold, Bureau of Indian Standards (BIS) determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.