Gold Price Today 25th March: Before the start of the wedding season, there is a strong rise in the price of gold and silver. Today i.e. on Friday, silver became expensive by Rs 1000 per kg and opened at Rs 68864 per kg, while 24 carat gold rose by Rs 174 per 10 grams to open at Rs 51992. Now gold is cheaper by just Rs 4134 per 10 grams from its all time high. Whereas, silver is cheaper by only Rs 7136 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 became costlier by Rs 174 in bullion markets and opened at Rs 51992 per 10 grams today. If 3 percent GST is added on this, then it is sitting around Rs 53551. At the same time, after adding GST on silver, it will get Rs 70929 per kg.
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If we talk about 23 carat gold, then today it opened at the rate of Rs 51784 per 10 grams. On this also 3 percent GST will be levied separately i.e. you will get 53337 rupees per 10 grams. At the same time, the price of 22 carat gold opened at Rs 47625 per 10 grams. With 3% GST, it will cost Rs 49053. 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 38994. With 3% GST, it will cost Rs 40163 per 10 grams. At the same time, now the price of 14 carat gold has gone up to Rs 30415 per 10 grams. With GST, it will be Rs 31327 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.