Jaipur
The impact of the international market fluctuations and the strength of the dollar is beginning to appear on the prices of gold and silver. On Tuesday, the price of standard gold in the Indian market reached the new record. In Rajasthan, the price of 10 grams of gold rose by Rs 1,100 to the highest level of Rs 85,200. At the same time, the price of silver also increased by Rs 900 to more than Rs 96,000 per kg. Bullion traders say that the price of precious metals may increase further due to stability in the international market.
Gold and silver prices in Jaipur
According to the bullion trader of Jaipur, Rakesh Khandelwal, changes in the global market are affecting the prices of gold and silver. In the coming days, gold prices may increase further, while the price of silver can once again reach Rs 1 lakh per kg.
According to the latest rate issued by Jaipur Bullion Committee:
– Price of 10 grams 24 carat gold 85,200 rupees
– 22 carat gold priced at Rs 79,800 per 10 grams
– 18 carat gold price 66,800 rupees per 10 grams
– 14 carat gold priced at Rs 53,600 per 10 grams
– Silver refine priced at Rs 96,200 per kg
Talks to take care while buying gold
1. Buy certified gold
Always buy gold with a hallmark of Bureau of Indian Standards (BIS). Under the new rules, gold will not be sold from April 1 to sell alphanumeric hallmarking without 6 digits. This code is like an Aadhaar card and is called Hallmark Unique Identification Number (HUID).
2. Check the price
To check the right weight of gold and the rate of that day, get information from different sources, such as the website of India Bullion and Jewelers Association.
3. Remove the price according to the carat
– 24 carat gold is the pure, but it does not create jewelery because it is very soft.
– Jewelery is usually made from 22 carats or less gold.
If the price of 24 carat gold is Rs 60,000 per 10 grams, then the price of 1 gram gold will be Rs 6,000.
– Price of 1 gram of gold of 1 carat purity = 6,000/24 = 250 rupees
– Price of 18 carat gold = 18 × 250 = 4,500 rupees per gram
With this formula, you can remove the right price for gold used in your jewelery.
