There is a big change in the rate of gold and silver in the bullion market. In fact, if you look at the spot rate issued by the India Bullion Association, on Thursday, 24-carat pure gold opened at Rs 49,968 per 10 grams as against Wednesday's closing price by Rs 511 per 10 grams. If GST is added to it, then it is sitting around 51500 rupees. With this, silver gained Rs 166 per kg to Rs 63,400. Let us tell you all that after GST, the making charge on jewellery and the profit of jewellers separately: today the price of 22-carat gold opened at Rs 45771 per 10 grams. With GST, it will be at Rs 47144. The making charge on the jewellery made by this and the profits of the jewellers are different. With this, the price of 18-carat gold is now Rs 37767. With 3 per cent GST, it will cost Rs 38,600 per 10 grams.

Whereas, now the price of 14-carat gold has reached Rs 292.31 per 10 grams. Let us tell you that with GST, it will be Rs 30107 per 10 grams. If we talk about 23-carat gold, today it opened at the rate of Rs 497.68 per 10 grams. On this also, 3 per cent GST will be levied separately.

IBJA rates are common across the country - The rates issued by IBJA are common across the country. However, GST has not been included in the rate given on this website. At the same time, while buying and selling gold, you can cite the rate of IBJA. At the same time, according to the India Bullion and Jewellers Association, IBJA takes the current rate of gold and silver from 14 centres across the country and tells its average value. The spot prices of gold and silver can be different in different places, but there is a slight difference in their prices.

From December 1 last year, hallmarking of each jewellery has been made mandatory. With this, the traders have increased the making charge. Gold jewellery per gram has been made costlier by Rs 50 to Rs 100. The hallmarking is proof of the purity of gold. Hallmarks in gold jewellery in India started from the year 2000 and the hallmark mark shows that gold is of international standard. It is issued by the Bureau of Indian Standard (BIS), an institution of the Government of India, and in such a situation, traders who do business with transparency advise that they take a firm receipt while buying jewellery. It has a HUID number, which will have all the details ranging from the quality of the jewellery.

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