Gold Silver Price Today: What is the latest rate of gold and silver before Holi, know the rate of gold and silver in one click?
Gold Silver Price Today: If you are planning to buy gold and silver, or you are thinking of investing in gold, then this is important news for you, let us tell you that the price of gold and silver in the bullion market has increased in the past. It’s been on the rise for a few days. According to Bankbazaar.com, there was no increase in the price at which gold and silver were sold yesterday in the bullion market of Madhya Pradesh.
gold price stable
According to Bankbazaar.com, there has been no change in the price of gold in bullion market today. That is, 22 carat gold (22K Gold) which was sold at Rs 52,680 per 10 grams on Saturday, March 04, will be sold at the same rate even today. On the other hand, if we talk about 24 carat gold (24K Gold), then the gold which was sold yesterday at Rs 55,310 per 10 grams on Saturday, will be sold at the same price even today.
Silver prices also stable
Know how the prices of gold and silver are decided
The price of gold and silver in India is determined by the trading in the futures market. The last closing of the trading day is considered as the market price of the next day. However, this is the central prize. In this, the rate is fixed in different cities along with some other charges and then the retailer sells the jewelery by charging making charges.
Difference between 22 and 24 carat gold
24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. Whereas 24K gold being the purest, is very malleable and brittle. For this reason jewelry cannot be made from it.