Gold Price Today: Amid the growing tension between India and Pakistan, a tremendous jump can also be seen in the prices of gold and silver. There has been a continuous increase in the price of gold for the last several days. The price of gold had crossed one lakh. As soon as it crossed one lakh, customers started retreating from buying gold.
There was silence in the bullion market on Tuesday. For the last several days, the price of gold has been running between 96 thousand and 97 thousand rupees per ten grams. Today, on the morning of May 8, there has been a slight decline in the rate of gold and silver. People’s faces have brightened after hearing the news of the fall in the price of gold. By the way, the cost of gold is still above 96 thousand.
In such a situation, making gold jewellery has become a big challenge. If you are considering buying gold, let us tell you that 24 24-carat gold has opened at Rs 96024 per 10 grams in the bullion market. At the same time, silver remained at Rs 94600 per kilogram. Let us tell you that the rates of the bullion market are issued by the India Bullion and Jewellers Association, which does not include GST. There may be a difference of Rs 1000 to Rs 2000 in the price of your city. IBJA releases rates twice a day, once in the afternoon and a second time around 5 pm.
What is the latest rate of gold today?
According to the India Bullion and Jewellers Association, 995 purity gold is Rs 95640 per 10 grams. At the same time, the price of 916 (22 carat) purity gold is Rs 87958 per 10 grams. Apart from this, the cost of 750 (18 carat) purity gold is Rs 72018 per 10 grams. At the same time, the price of 585 (14 carat) purity gold is Rs 56174 per 10 grams. Whereas, the cost of 999 purity silver is Rs 94600 per kg.
Please note that all gold and silver rates mentioned here include charges and GST. The rates issued by IBJA are uniform nationwide. No GST is included in this. GST must be paid separately on the making charge if you have jewellery made.