Gold and Silver Price Update: Fall In Gold Price Today

Gold and Silver Price Update: The rates of gold are continuously increasing and decreasing daily. Today on July 8, there has been a fall in the price of gold in the country. The price of 22 carat 10 grams of gold in the country is 46,840. The price was Rs 47,600 on the previous day. That is, a decrease of Rs 750 per 10 grams. At the same time, its price in Lucknow is Rs 47,000, which is being said to be Rs 47,750 yesterday.

At the same time, the price of 10 grams of 24 carat gold in the country is Rs 51,110 today. The price on the previous day was Rs 51,930. At the same time, today’s rate in Lucknow is 51,260, which was Rs 52,080 yesterday. This above gold rates are indicative and do not include GST, TCS and other charges. Contact your local jeweler for exact rates.

Talking about the rate of silver, there has been a slight jump in the rates of silver in Lucknow too. Today the rate of one kg of silver is 57,000. At the same time, this price was 56,900 yesterday. That is, a jump of Rs 100 per kg in the price of silver.

Hall marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most of the gold is sold in 22 carats, while some people also use 18 carats. Carat is not more than 24, and the higher the carat, the more pure the gold is called.

Know what is the difference between 22 and 24 carat?

24 Carat gold is 99.9% pure and 22 Carat is approximately 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, but its ornaments cannot be made. That’s why most of the shopkeepers sell gold in 22 carats.

You can give a missed call to 8955664433 to know the retail rate of 22 carat and 18 carat gold jewellery. Rates will be available through SMS in a short time. Apart from this, for information about continuous updates, you can visit www.ibja.co or ibjarates.com.

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