Gold price today March 31: Gold and silver prices continue to decline. According to the IBJA figures, on March 31, the price of 24 carat gold dropped by Rs 240 to Rs 44268. Silver, however, fell from Rs 1957 to Rs 62727.
According to the India Bullion and Jewelers Association website (ibjarates.com), on March 31, 2021, gold and silver prices across the country were as follows:
Metal | Rate as on 31st March (Rs / 10g) | March 30 rate (Rs / 10g) |
Rate change (Rs / 10g) |
Gold 999 (24 carats) | 44228 | 44468 | -240 |
Gold 995 (23 carat) | 44051 | 44290 | -239 |
Gold 916 (22 carat) | 40513 | 40733 | -220 |
Gold 750 (18 carat) | 33171 | 33351 | -180 |
Gold 585 (14 carat) | 25873 | 26014 | -141 |
Silver 999 | 62727 | 64683 | -1956 |
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.