Gold Price Drop Today:- There has been a slight decline in the price of gold and silver on Monday i.e. August 18. The prices of gold and silver fluctuate daily. The prices of gold and silver fluctuate daily. According to the India Bullion and Jewellers Association (IBJA), the rate of gold has fallen by Rs 286 to Rs 99,737 per 10 grams. This price is for 24-carat gold. On the last day of the previous business week, gold was at Rs 1,00,023. However, gold jewellery is made of 22-carat gold only.
On the other hand, the price of silver has come down by Rs 916 today to Rs 1,14,017 per kg. Earlier, silver was at Rs 1,14,933. So let’s take a look at the latest prices of gold:-
Gold Price Today
According to the website of the India Bullion and Jewellers Association (IBJA), the price of 995 purity gold on August 12 is Rs 99338 per 10 grams. Whereas, the cost of 916 (22 carat) purity gold is Rs 91359 per 10 grams. Along with this, the price of 750 (18 carat) purity gold is Rs 74803 per tola. At the same time, the cost of 585 (14-carat) purity gold is Rs 58346 per 10 grams.
The India Bullion and Jewellers Association releases the rates of gold and silver from Monday to Friday. GST is not included in this. The prices are released by IBJA twice a day, once at noon and again at 5 pm. After the imposition of GST on gold jewellery, the prices have increased further.
If you plan to buy gold and silver jewellery in the market and are unsure of the latest prices, you don’t need to ask anyone. You can easily find out the latest rates of 22-carat and 18-carat gold by just giving a missed call. For this, please dial 8955664433 to receive a missed call. Within a short time, you will get the latest rates of gold and silver through SMS. These rates will be available per gram. GST and jewellery-making charges are not included in this.