Gold Price Today: Gold and silver prices have seen a decline today (Monday), 2 September 2024. As soon as the market opened on Monday morning, there was a huge drop of about Rs 500 in the price of gold. Simultaneously, the price of silver experienced a reduction of up to Rs 2643.
The price of gold and silver today has brightened people’s faces. Gold and silver buyers have no better opportunity than now. After the fall, the price of gold is currently trending at 71 thousand. So let’s know what is the price of gold and silver today.
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According to the India Bullion and Jewelers Association, today i.e. on Monday, the rate of 24 carat gold is Rs 71437 per tola. Now if we look at last week’s Friday, gold closed at Rs 71,869. The price of silver has also decreased by Rs 2643.
Today, the price of one kilogram of silver with 999 purity is Rs 82376. The price of silver was Rs 85046 when the market closed on Friday. That is, the price of gold and silver has declined significantly compared to the previous business week.
Gold became cheaper today
According to the official website ibjarates.com, today the price of gold of 995 (23 carat) purity has come down to Rs 71151 per 10 grams, while the price of gold of 916 (22 carat) purity has come down to Rs 65436 per tola today. The rate of gold of 750 (18 carat) purity is Rs 53578 per 10 grams and the price of gold of 585 (14 carat) purity is Rs 41791 per 10 grams.
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Making charges and tax are charged separately
Many people wonder how the price of gold jewellery suddenly rises after it is made. For your information, the rates mentioned above for gold and silver do not include any manufacturing charges or GST.
The rates issued by IBJA are same for the whole country, no GST of any kind is included in it. Should you purchase or procure gold, you will be responsible for paying both GST and manufacturing charges separately.