Today gold and silver became cheaper
The prices of gold and silver have been released in the Indian bullion market on Tuesday. Gold and silver have become cheaper today than in the past. Gold of 999 purity is being sold for Rs 50850, while one kg of silver of 999 purity is being sold for Rs 61668.
It is known that the rates of gold and silver are issued twice a day. Once in the morning and second time in the evening. Gold of 995 purity is being sold for Rs 50646. 916 purity gold is being sold for Rs 46579. Gold of 750 purity is available for Rs 38138. At the same time, gold of 585 purity was being sold for Rs 29747. Apart from this, the price of one kg silver of 999 purity has come down to Rs 61668.
How much did the price of gold and silver change?
The rates of gold and silver change daily. Gold of 999 purity is getting cheaper by Rs 262 today, while gold of 995 purity is getting cheaper by Rs 261. At the same time, the price of gold of 916 purity has decreased by Rs 240 today. Gold of 750 purity has become cheaper by Rs 196 and gold of 585 purity has become cheaper by Rs 154. Apart from this, one kg silver of 999 purity has become cheaper by Rs 924 today.
This is how purity is recognized
There is a way to measure the purity of jewelry. In this, many types of marks related to hallmark are found, through these marks the purity of the jewelry can be recognized. Out of this, there is a scale ranging from one carat to 24 carat.
▪️If there is 22 carat jewelry, then 916 will be written in it.
▪️875 will be written on 21 carat jewellery.
▪️750 is written on 18 carat jewellery.
▪️If there is jewelery of 14 carats, then 585 will be written in it.
Rates are different at the time of jewelry
Explain that the prices released by the Indian Bullion Jewelers Association give information about the standard price of gold of different purity. All these prices are before tax and making charges. The rates issued by IBJA are universal across the country but GST is not included in its prices. Let us tell you that while buying jewelry, the rates of gold or silver are higher due to including tax.