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Gold – Silver Rate – Gold Jumps ₹11,486 in 1 Day; Silver Nears ₹4 Lakh with GST

Gold Silver Rate January 29: Gold and silver prices have surged for the fourth consecutive day. Gold rates are increasing very rapidly. According to the India Bullion and Jewellers Association (IBJA), on January 29, the price of 24-karat gold increased by ₹11,486 to reach ₹1,76,121 per tola. In three days, gold has become ₹21,811 more expensive. The rate of 24-karat gold, including GST, has now reached ₹181,404 per 10 grams. Meanwhile, the price of one kilogram of silver increased by ₹27,666 to reach ₹3,85,933 per kg. In three days, the price of silver has increased by ₹68,228. The price of silver, including GST, has now reached ₹397,510 per kg. In just 29 days, silver has risen by ₹1.55 lakh, and gold by ₹43,000.

In just 4 trading days, silver has risen by ₹8,622, and gold by ₹24,993. In just 29 days, silver has risen by ₹193,908, while gold has risen by ₹38,044. The price of silver opened at ₹385,933 per kg without GST. If you are considering buying gold, you should know the latest gold rates before doing so.

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What are the latest gold rates today?

According to the India Bullion and Jewellers Association (IBJA), 23-karat gold jumped by ₹11,440 to ₹175,416 per 10 grams today. With GST, its price is now ₹180,678. In addition, 22-karat gold has risen by ₹10,521 to ₹161,327 per 10 grams. With GST, it is ₹166,166. In addition, 18-karat gold has become more expensive by up to Rs 8615. It opened today at Rs 132091 per 10 grams, and with GST, its price has reached Rs 136053 per 10 grams. Finally, the price of 14-karat gold has increased by up to Rs 6719. It opened today at Rs 103031 and, including GST, has reached Rs 106121 per 10 grams.

Why do rates vary in different cities?

The gold prices quoted by IBJA do not include the 3% GST, making charges, or jeweller’s margin. Therefore, the rates in different cities vary from these prices. These rates are used by the RBI to determine the rates for Sovereign Gold Bonds.

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