Gold price today 16 March 2021: Before the wedding, the gold and silver prices were beginning to rise in the bullion market. Today, Tuesday 16th March, 24 carat gold opened at Rs 44926, down from Rs 98. At the same time, silver luster has also increased today. According to the website of the India Bullion and Jewelers Association, silver is trading at Rs 67304 per kg today, with a strength of Rs 339. Explain that the rate issued by the India Bullion and Jewelers Association and the price of your city can vary from 500 to 1000 rupees.
Gold Price: Experts estimate that gold prices are cheaper by Rs 12000 and how much the price will fall
According to the India Bullion and Jewelers Association website (ebject.com), on March 16, 2021, gold and silver prices across the country were as follows…
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| Metal | March 16th rate (Rs / 10g) | March 15th rate (Rs / 10g) |
Rate change (Rs / 10 g) |
| Gold 999 (24 carats) | 44926 | 44828 | 98 |
| Gold 995 (23 carat) | 44746 | 44649 | 97 |
| Gold 916 (22 carat) | 41152 | 41062 | 90 |
| Gold 750 (18 carat) | 33695 | 33621 | 74 |
| Gold 585 (14 carat) | 26282 | 26224 | 58 |
| Silver 999 | 67304 | 66965 Rs / kg | 339 / kg |
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IBJA rates are recognized nationwide
Explain that the rates offered by IBJA are universally accepted across the country. However, GST is not included in the rates offered on this website. When buying and selling gold, you can refer to the IBJA rate. According to the India Bullion and Jewelers Association, Ibza shows the average price of gold and silver from the country’s 14 centers, taking the current price. The current gold-silver rate or, say, the spot price may differ elsewhere, but there is little difference in their price.
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