Gold Silver Price 7 Aug: The price of 24 carat gold has now reached Rs 70973 per 10 grams with GST. At the same time, the price of 23 carat gold with GST is Rs 70688. 22 carat gold has reached 65011. Rs 1893 of GST is added to this.
Gold Silver Price 7 Aug: Today, the price of gold and silver fell again in the bullion market. The price of 24 carat gold fell by Rs 276 to Rs 68906 per 10 grams. Whereas, the price of silver fell by just Rs 13 per kg to open at Rs 79145.
According to the rate released by IBJA, today the price of 23 carat gold has also fallen by Rs 275 to Rs 68630 per 10 grams. At the same time, the price of 22 carat gold has also fallen by Rs 253 per 10 grams to Rs 63118. On the other hand, the price of 18 carat gold has also fallen by Rs 207 to Rs 51680 per 10 grams.
The price of 14 carat gold has fallen by Rs 162 today to Rs 40310 per 10 grams. These rates of gold and silver have been released by IBJA. It is possible that there is a difference of Rs 1000 to Rs 2000 in the price of gold and silver in your city.
Price of gold and silver including GST
The price of 24 carat gold has now reached Rs 70973 per 10 grams with GST. Whereas, the price of 23 carat gold with GST is Rs 70688. 2058 rupees more is added to it as per 3% GST. As far as the rate of 22 carat gold is concerned, it has reached 65011. 1893 rupees of GST is added to it.
The price of 18 carat gold is Rs 53230 including Rs 1550 GST. Jewellery making charge and jewellers’ profit is not added to it yet. The price of one kg silver has reached Rs 81519 including GST.
These rates of gold and silver have been released by India Bullion and Jewelers Association (IBJA). GST and jewelry making charges are not applicable on this rate. Let us tell you that India Bullion and Jewelers Association (IBJA) is a 104-year-old association. IBJA releases gold rates twice a day in the afternoon and evening.
These rates are benchmark rates for sovereign and bond issuance as per various notifications issued by the Ministry of Finance and the Reserve Bank of India. IBJA has offices in 29 states and is a part of all government institutions.
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