Gold Price Today 12 May 2021: There has been a change in the price of gold and silver today. Today, the price of gold and silver is lower than yesterday. In bullion markets, 24 carat gold opened at Rs 47700, while silver spot prices fell from Rs 102 to Rs 70867 per kg. According to the India Bullion and Jewelers Association website (ibjarates.com), on 12 May 2021, gold and silver prices across the country were as follows:
|Metal||May 12th rate (Rs / 10g)||May 11th rate (Rs / 10g)||
Rate change (Rs / 10 g)
|Gold 999 (24 carats)||47700||47789||-89|
|Gold 995 (23 carat)||47509||47598||-89|
|Gold 916 (22 carat)||43693||43775||-82|
|Gold 750 (18 carat)||35775||35842||-67|
|Gold 585 (14 carat)||27905||27957||-52|
|Silver 999||70867 Rs / kg||70969 Rs / kg||-102 Rupees / kg|
Also Read: Gold Price Review: Gold is cheaper at Rs 2718, silver is more expensive this year at Rs 3452, know how it moves
According to the website of India Bullion and Jewelers Association, the average price of 23 carat gold in bullion markets today is Rs. 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.
IBJA rates are recognized nationwide
Tell us 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.