Gold price today 18 May 2021: There is a big change in the price of gold and silver today. Today, the average price of 24 carat gold in bullion markets nationwide is around 48500. Silver, on the other hand, jumped from Rs 1,765 to Rs 73,500 today. According to the India Bullion and Jewelers Association website (ebject.com), on 20 May 2021, gold and silver prices across the country were as follows…
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| Metal | 18 May Rate (Rs / 10g) | 17th May (Rs / 10g) |
Rate change (Rs / 10 g) |
| Gold 999 (24 carats) | 48480 | 48146 | 334 |
| Gold 995 (23 carat) | 48286 | 47953 | 333 |
| Gold 916 (22 carat) | 44408 | 44102 | 306 |
| Gold 750 (18 carat) | 36360 | 36110 | 250 |
| Gold 585 (14 carat) | 28361 | 28165 | 196 |
| Silver 999 | 73500 | 71735 / kg | 1,765 / kg |
Also Read:From now on you can buy cheap gold, Modi government is giving golden opportunity
Today, the price of 24 carat gold rose by Rs 424 per 10 grams to close at Rs 48181. At the same time, the price of 23 carat gold rose to Rs 47953. With respect to 22 carats, its price has now reached Rs 44,102 and the price of 18 carats is Rs 36110. 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
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, in other places, the spot price may be different, but there is little difference in their price.
