There has been a big change in the spot price of gold and silver in the bullion markets today i.e. on Thursday. In fact, today where silver is getting cheaper by Rs 2,500 as compared to Tuesday's closing price, gold has also become cheaper by Rs 787. Yes, let us tell you that 24 carat gold opened at Rs 50,401, which is Rs 787 per 10 grams cheaper than the closing rate of Tuesday. Yes, and silver also broke Rs 2,500 and opened at Rs 51,850 per kg. On the other hand, pure gold is cheaper by Rs 56,254 per 10 grams by Rs 5,853 from its all-time high rate. On the other hand, silver is cheaper by Rs 24,185 per kg from its high rate of Rs 76,008 per kg two years ago. With this, the price of 23 carat gold is now Rs 50,199 and 22 carats 46,167, while 18 carats 37,801 and 14-carat gold are now priced at Rs 29,485 per 10 grams.
Yes, and it does not include GST and jeweller's profit. Let us tell you that if you add 3 percent GST i.e. Rs 1,512 on 24-carat gold, then its rate is going to be Rs 51,913. On the other hand, after adding 10 percent profit of the jeweler, the price of gold is reaching Rs 57,104 per 10 grams. Apart from this, after adding GST, the price of silver has gone up to Rs 53,405 per kg and in this, 10 to 15 per cent profit of the jeweller is separate. This means that the jeweler will give you a 10 per cent profit for about Rs 58,746. Let us tell you that by adding 3 percent GST and 10 per cent profit even on 23-carat gold, you will get Rs 56,875 per 10 grams.
Whereas, the price of 22-carat gold with 3% GST will be Rs 47,552. The jewellers' profit on the jewelery made from it will also be about Rs 52,307 if they add it separately. Apart from this, the price of 18 carat gold will be Rs 38,935 per 10 grams with 3% GST. At the same time, adding 10% profit of the jeweller to this, it will come to Rs 42,828. With this, the price of 14-carat gold with GST will be Rs 30,369 per 10 grams. Adding 10% profit on this, it will come to Rs 33,406.
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