Gold Price Today 31st March: Before the start of the wedding season, the price of gold and silver continues to fall. Today i.e. on Thursday, silver became cheaper by Rs 460 per kg and opened at Rs 66581 per kg, while 24 carat gold became cheaper by Rs 14 per 10 grams and opened at Rs 51435. If you want, you can bring home 10 grams of gold including GST for just Rs 30991. Its purity is only 58.1 percent.
Gold is now Rs 4691 cheaper than its all-time high
Now gold is cheaper by just Rs 4691 per 10 grams from its all-time high of Rs 56254. Whereas, silver is cheaper by only Rs 9419 per kg from its highest rate two years ago. According to the spot rate released by the India Bullion Association, today i.e. on Thursday, 24 carat pure gold opened at Rs 51435 per 10 grams, being cheaper by only Rs 14 in comparison to Wednesday’s closing price in the bullion markets. If 3 percent GST is added on this, then it is sitting around Rs 52978. At the same time, after adding GST on silver, it will get Rs 68578 per kg.
If we talk about 23 carat gold, then today it opened at the rate of Rs 51229 per 10 grams. On this also 3 percent GST will be levied separately i.e. you will get Rs 52765 at the rate of 10 grams. At the same time, the price of 22 carat gold opened at Rs 47114 per 10 grams. With 3% GST, it will cost Rs 48527. The making charges and jewelers’ profit are separate on the jewelery made from it.
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The best selling 18 carat gold is now priced at Rs 38576. With 3% GST, it will cost Rs 39733 per 10 grams. At the same time, now the price of 14 carat gold has gone up to Rs 30089 per 10 grams. With GST it will be Rs 30991 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.