Gold Silver Price in India Today 10 June 2021: A change in the prices of gold and silver has been seen in the Delhi market on Thursday. Today there has been a fall in the price of gold, while the price of silver has increased. According to the rate issued by the India Bullion and Jewelers Association, a break of 138 has been recorded in the price of 24 carat gold of 999 purity, after which the price of gold reached Rs 48843 per ten grams. Has gone. At the same time, the price of silver has increased and with a rise of Rs 354 in the market, the price of one kg of silver of 999 purity has reached Rs 71173.
There were changes in the prices of gold and silver on Thursday evening as well. Gold became cheaper by Rs 93 to Rs 48750. At the same time, silver rose from Rs 51 to Rs 71224 per kg.
The price of gold and silver remained like this on Thursday
|Accuracy||Thursday morning price||Thursday evening price|
|Gold (per 10 grams)||999||48843||48750|
|Gold (per 10 grams)||995||48647||48555|
|Gold (per 10 grams)||916||44740||44655|
|Gold (per 10 grams)||750||36632||36563|
|Gold (per 10 grams)||585||28573||28519|
|Silver (per 1 kg)||999||71173||71224|
Gold and silver became expensive on Tuesday
On Tuesday, an increase in gold and silver prices was recorded. On Tuesday morning, the price of 24 carat gold of 999 purity increased by Rs 225 and silver by Rs 581.
According to the India Bullion and Jewelery Association, the price of 24 carat gold on June 8 was Rs 49031 per 10 grams. At the same time, the price of silver of 999 purity was Rs 71331 per kg.
On Tuesday, gold prices rose to $ 1,882.50 an ounce in the international market, while silver remained almost unchanged at $ 27.67 an ounce.
The price of jewelry is not determined by the rate of gold
While buying jewelry, its value is not decided by the price of gold. Many more things are added to it. The biggest difference lies in the purity of the gold used in the jewelry, because the jewelry is not made from 24 carats but in the purity of 22 carats or less. In such a situation, the price of gold used in your jewelry automatically decreases as compared to 24 carat gold. But still the price of jewelry increases, why so?
In fact, in addition to the price of gold in jewelry, its making charge is also added, which can range from 2 percent to 20 percent. Apart from this, GST is also levied on it which is 3 percent. In such a situation, the price of jewelry increases.
How to identify true gold
Let us tell you that 24 carat gold is the purest, but 24 carat gold is not made of jewellery. Generally 22 carat gold is used to make jewelry, which contains 91.66 percent gold. If you take 22 carat gold jewelery then you should know that 22 carat gold with 2 carat any other metal has been mixed in it.
There are 5 types of hallmarks related to purity in jewelry, and these marks are in the jewellery. One of these is about the carat. If there is 22 carat jewelry, then 916 is written in it, 875 on 21 carat jewelry and 750 on 18 carat jewelry. On the other hand, if the jewelery is of 14 carats, then 585 will be written in it. You can see this mark in the jewelry itself. This leaves no doubt in the accuracy. The real hallmark has a triangular mark of Bureau of Indian Standards. Which is next to the mark of purity of the carat of gold.