Gold Price Today: The price of gold and silver has recently dropped significantly. Find out the most recent pricing

Gold Price Today: The price of gold and silver has recently dropped significantly. Find out the most recent pricing

Gold Price Today: The price of gold and silver has recently dropped significantly. Find out the most recent pricing

Today, January 3, 2024, saw a decrease in the price of 24 carat gold, which opened at ₹ 63344. Simultaneously, the price of 22 carat gold has increased to ₹ 58259 and the cost of 23 carat gold to ₹ 63090. ₹47508 is the pricing for 18 carats.

Gold Silver Price: On January 3, 2024, the prices of gold and silver have decreased for the first time in the new year. The price of 24 carat gold has decreased by Rs 258 per 10 kilos in the bullion markets as of today, Wednesday. In contrast, the price of silver per kilogram has dropped by Rs 870. The price of 24 carat gold began today at Rs 63344 for 10 grams. In contrast, the opening price of silver was Rs 73263 per kilogram. Nonetheless, from gold's all-time high of Rs 63805 on December 4, 2023, the price has dropped by Rs 461.

The India Bullion and Jewelers Association (IBJA) has published these gold and silver rates. This rate does not apply to GST or expenses associated with producing jewelry. In your city, gold and silver could be priced between Rs. 1000 and Rs. 2000 more.

What is the current price of 14 to 24 carat gold?

Rate for 24 carat gold: Rs 63344 for 10 grams

GST: INR 1900 for every gram.

Cost per 10 grams, with GST: Rs 65244.

Rate for 23-carat gold: Rs 63090 for 10 grams

GST for 10 grams is Rs 1892.

Cost per 10 grams, with GST: Rs 64928

10 grams of 22-carat gold cost Rs 58023.

GST: Rs. 1740 for every gram

Cost per 10 grams, with GST: Rs 59763

The cost of 10 grams of 18-carat gold is Rs 47508.

GST: Rs. 1425 for every ten grams

Cost per 10 grams, with GST: Rs 48933.

The cost of 10 grams of 14-carat gold is Rs 37056.

GST per gram is Rs 1111.

Cost per 10 grams, with GST: Rs 38167.

Price per kilogram of silver: Rs 73263.

GST per kilogram is Rs 2197.

Cost per kilogram, with GST: Rs 75460.

Note: On this one, jewelry manufacturing costs and jeweler's profit are distinct.