Gold price on the latest 26 February 2021: For the third day in a row, there was a big change in the bullion market for gold and silver. Today, Friday, silver is cheaper at Rs 1830 per kg, while gold is priced at Rs 295. Even today, the price of gold has fallen from 24 carats to 14 carats. Today, 24 carat gold fell from Rs 295 to Rs 46151 per 10 grams. Silver dropped from Rs 1830 to Rs 68395 per kg. 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 (ebject.com), on February 26, 2021, gold and silver prices across the country are as follows…
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Metal | February 26th rate (Rs / 10g) | February 25th rate (Rs / 10g) | Rate change (Rs / 10 g) |
Gold 999 (24 carats) | 46151 | 46446 | -295 |
Gold 995 (23 carat) | 45966 | 46260 | -294 |
Gold 916 (22 carat) | 42274 | 42545 | -271 |
Gold 750 (18 carat) | 34613 | 34835 | -222 |
Gold 585 (14 carat) | 26998 | 27171 | -173 |
Silver 999 | 68395 Rs / kg | 70225 / kg | -1830 Rs / kg |
At the bullion market in Delhi, gold on Friday fell to Rs 46,297 per 10 grams, its lowest level in eight months. Gold was trading at Rs 45,959 per 10 grams in the Delhi bullion market during the last trading session.
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, say, the spot price may differ elsewhere, but there is little difference in their price.
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