Gold prices today, September 23, 2020: Gold and silver prices are falling for the third day in a row in bullion markets. Today, Wednesday, 24 carat gold opens below Rs 461 per 10 grams in cheap markets across the country. At the same time, the rate of silver was recorded at Rs 1742. The gold spot price has come to Rs 50222 per 10 grams. The rupee depreciated to Rs 58,217. In the last three days, gold prices have declined by Rs 1,398 per 100 grams, while silver has declined by Rs 7,688 per kg.
According to the India Bullion and Jewelers Association’s website (ibizarets.com) on September 22, 2020, the prices of gold and silver spots across the country were as follows.
|Metal||September 23 Rate (Rupee / 10g)||Rate 22nd September (Rupee / 10g)||
Rate change (Rs / 10 g)
|Gold 999 (24 carat)||50222||50683||-461|
|Gold 995 (23 carats)||50021||50480||-459|
|Gold 916 (22 carats)||46003||46426||-423|
|Gold 750 (18 carats)||37667||38012||-345|
|Gold 585 (14 carats)||29380||29650||-270|
|Silver 999||58217 / kg||59959 / kg||-1742 Rs / kg|
Explain that the rate issued by IBJA is universally accepted. However, GST is not included in the rates given on this website. When buying and selling gold, you can refer to the IBJA rate. According to the India Bullion and Jewelers Association, Ibja collects current rates of gold and silver from 14 centers across the country and gives average prices. Khosla said the current gold-silver rate or say, spot prices may vary in different places but there is some difference between their prices.