Gold Price Today 10th May 2022: Wedding season is in full swing and the crowd of buyers of gold and silver jewelery has also increased in the bullion market. On Tuesday, May 10, there is a rise in the price of gold and silver in the bullion markets. Today 24 carat pure gold became expensive by only Rs 7 per 10 grams and opened at Rs 51486. At the same time, silver opened at a rate of Rs 61967, up Rs 606 from Monday’s closing price of Rs 61361 per kg.
Now gold has become cheaper by only Rs 4640 per 10 grams from its all time high Rs 56200. Whereas, silver is cheaper by Rs 1,4033 per kg from its highest rate two years ago. According to the spot rate released by the India Bullion Association, today 24-carat gold is falling in the bullion markets with 3% GST at Rs 53030 per 10 grams. At the same time, after adding GST, the price of silver has gone up to Rs 63826 per kg.
This is the rate of 23 carat gold
If we talk about 23 carat gold, then today it opened at the rate of Rs 51280 per 10 grams. On this also 3 percent GST will be levied separately i.e. you will get Rs 52818 per 10 grams, while jewelery making charge and jeweler’s profit are separate on this. At the same time, the price of 22 carat gold opened at Rs 47167 per 10 grams. With 3 percent GST, it will cost Rs 48582. The making charges and jewelers’ profit are also separate on the jewelery made from it.
18 carat gold rate with gst
The price of 18 carat gold is now Rs 38615 per 10 grams. It will cost Rs 39773 per 10 grams with 3 percent GST. At the same time, now the price of 14 carat gold has gone up to Rs 30119 per 10 grams. With GST, it will be Rs 31022 per 10 grams.
IBJA rates are universal across the country
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.