Gold prices today 18 January 2021: The gold and silver bullion faded into the market today. On Monday, the spot price of 24 carat gold dropped to Rs 289 per 10 grams at Rs 49038. Silver is cheap from Rs 284 to Rs 65,136 per kg. At the same time, 22 carat gold was priced at Rs 44919, 23 carat gold at Rs 48842 and 18 carat gold at Rs 36779 per 10 grams. 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.
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According to the India Bullion and Jewelers Association website (ibjarates.com), on January 18, 2021, gold and silver prices across the country were as follows:
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| Metal | January 18 rate (Rs / 10g) | January 15th rate (Rs / 10g) |
Rate change (Rs / 10 g) |
| Gold 999 (24 carats) | 49038 | 49327 | -289 |
| Gold 995 (23 carat) | 48842 | 49129 | -287 |
| Gold 916 (22 carat) | 44919 | 45184 | -265 |
| Gold 750 (18 carat) | 36779 | 36995 | -216 |
| Gold 585 (14 carat) | 28687 | 28856 | -169 |
| Silver 999 | 65136 Rs / kg | 65420 Rs / kg | -284 Rs / kg |
IBJA rates are recognized nationwide
Explain that the rates offered by IBJA are universally accepted. 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, in other places, the spot price may be different, but there is little difference in their price.
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