Gold Price Today 17th September 2020: Gold and silver started getting cheaper even before the festive season started. Gold and silver prices are falling for the second consecutive day. Today, gold and silver loses in bullion markets across the country. On Thursday morning, the price of 24 carat gold opened by Rs 366 per 10 grams as against Wednesday. After being cheaper by Rs 366, gold has come down to Rs 51431 per 10 grams on Thursday. At the same time, silver spot has fallen by Rs 1062 to Rs 64821 per kg.
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According to the India Bullion and Jewelers Association website (ibjarates.com) on 17 September 2020, the gold and silver spot prices across the country were as follows…
|Metal||17 September rate (Rs / 10g)||16 September rate (Rs / 10g)||
Rate change (Rs / 10g)
|Gold 999 (24 carat)||51431||51797||-366|
|Gold 995 (23 carat)||51225||51590||-365|
|Gold 916 (22 carat)||47111||47446||-335|
|Gold 750 (18 carat)||38573||38848||-275|
|Gold 585 (14 carat)||30087||30301||-214|
|Silver 999||64821 Rs / Kg||65883 Rs / Kg||-1062 Rs / Kg|
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Explain that the rate issued by IBJA is universally accepted. However, GST has not been included in the rate given on this website. When buying and selling gold, you can refer to the rate of IBJA. According to Rajesh Khosla, media in-charge of the India Bullion and Jewelers Association Delhi, ibja shows the average price of gold and silver from 14 centers across the country. Khosla says that the current rate of gold-silver or, say, the spot price may be different at different places but there is a slight difference in their prices.