Gold Price Today 28th March: Before the start of the wedding season, there is a decline in the price of gold and silver. Today i.e. on Monday, silver became cheaper by Rs 909 per kg and opened at Rs 67782 per kg, while 24 carat gold became cheaper by Rs 269 per 10 grams and opened at Rs 51653.
Now gold is cheaper by only Rs 4473 per 10 grams from its all time high. Whereas, silver is cheaper by only Rs 8218 per kg from its highest rate two years ago.
According to the spot rate released by the India Bullion Association, today i.e. on Monday, 24 carat pure gold opened at a rate of Rs 51653 per 10 grams, cheaper by Rs 239 in comparison to Friday’s closing price in the bullion markets. If 3 percent GST is added on this, then it is sitting around Rs 532021. At the same time, after adding GST on silver, it will get Rs 69815 per kg.
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If we talk about 23 carat gold, then today it opened at the rate of Rs 51544 per 10 grams. On this also 3 percent GST will be levied separately i.e. you will get 52989 rupees per 10 grams. At the same time, the price of 22 carat gold opened at Rs 47314 per 10 grams. With 3% GST, it will cost Rs 48733. The making charges and jewelers’ profit are separate on the jewelery made from it.
The best selling 18 carat gold is now priced at Rs 38740. With 3 percent GST, it will cost Rs 39902 per 10 grams. At the same time, now the price of 14 carat gold has gone up to Rs 30217 per 10 grams. With GST, it will be Rs 31123 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.