Gold Price Today 16th Feb 2021: Today there is a slight change in the price of gold from 24 carat to 14 carat in bullion markets. Today i.e. on Tuesday, the price of 24 carat gold opened at Rs 47359 per 10 gram, up by only 78 rupees as compared to Monday and finally closed at Rs 47407 with an increase of Rs 126. On the other hand, silver became costlier by Rs 305 and opened at Rs 69819 per kg and closed at Rs 69804 at the end of the business, rising by Rs 290.

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According to the India Bullion and Jewelers Association website (ibjarates.com), on 16 February 2021, the gold and silver spot prices across the country were as follows…

Metal Rate of 16 February (Rs / 10g) Rate of 15 February (Rs / 10g)
Rate change (Rs / 10g)

Gold 999 (24 carat) 47407 47281 126
Gold 995 (23 carat) 47217 47092 125
Gold 916 (22 carat) 43425 43309 116
Gold 750 (18 carat) 35555 35461 94
Gold 585 (14 carat) 27733 27659 74
Silver 999 69804 Rs / Kg 69514 Rs / Kg 290 Rs / Kg
Explain that the rate released by the India Bullion and Jewelers Association and the price of your city can vary from 500 to 1000 rupees.

Delhi bullion market: Gold falls, silver rises

On Tuesday, gold fell marginally by Rs 9 to Rs 46,900 per 10 grams in Sarafa Bazar in the national capital. According to HDFC Securities, on Monday, gold had closed at Rs 46,909 per 10 grams. Silver closed at Rs 69,530 per kg with a gain of Rs 95, against the previous closing price of Rs 69,435 per kg.

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HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “The 24-carat gold spot in Delhi declined marginally by nine rupees as the global price of gold remained limited. Gold rose to US $ 1,821 an ounce in the international market, while silver remained nearly unchanged at $ 27.60 an ounce.

IBJA rates are recognized nationwide

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 the India Bullion and Jewelers Association, ibja shows the average price of gold and silver from 14 centers across the country by taking a current rate. 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.

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