Gold Price Today: In the third business week of March, there was a fall in the prices of gold and silver. Gold prices fell by Rs 397 per 10 grams in a week, while silver has also become cheaper. Silver has become cheaper by up to Rs 409.
According to the Indian Bullion and Jewelers Association (IBJA), the price of gold on Thursday (March 17) came down to Rs 51,564 thousand per 10 grams as against Rs 51,961 on Monday (March 14). At the same time, the price of silver (Chandi ka Bhav) was Rs 68,414 per kg on the first trading day of the week i.e. Monday, which reduced by Rs 409 to Rs 68,005 per kg on the last trading day on March 17.
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The condition of the bullion market for the whole week
According to IBJA, on March 14, 24 carat gold was being sold at Rs 51,943 per 10 grams. It became costlier by Rs 379 on March 15 to Rs 51,521, which fell by Rs 176 per 10 grams to Rs 51,345 the next day on March 16. On March 17, the price of gold was Rs 51,564 per ten grams, which is Rs 219 more than the day before. Similarly, a fall of Rs 398 has been recorded in the price of 995 i.e. 22 carat gold.
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Rate is not released on Saturday and Sunday
Significantly, Indian Bull and Jewelers Association (IBJA) does not release gold and silver rates on Saturdays and Sundays due to holidays. The rates of 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.