Gold Price Today 22nd January 2021: Gold and silver loses slightly on Friday in the bullion market. After the surge a day earlier, the spot price of 24 carat gold in the bullion markets across the country was cheaper by Rs 239 per 10 grams as compared to Thursday and opened at Rs 49420 and closed at 49140 with a loss of Rs 519. While the price of silver has fallen by Rs 1368 per 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.
According to the India Bullion and Jewelers Association website (ibjarates.com), on January 22, 2021, the gold and silver spot prices across the country were as follows…
Final rate
Metal | 22 Jan Rate (Rs / 10g) | January 21 rate (Rs / 10g) | Rate change (Rs / 10g) |
Gold 999 (24 carat) | 49140 | 49659 | -519 |
Gold 995 (23 carat) | 48943 | 49460 | -517 |
Gold 916 (22 carat) | 45012 | 45488 | -476 |
Gold 750 (18 carat) | 36855 | 37244 | -389 |
Gold 585 (14 carat) | 28747 | 29051 | -304 |
Silver 999 | 65792 Rs / Kg | 67160 Rs / Kg | -1368 Rs / Kg |
Condition of delhi bullion market
Gold continued to stagnate for three days. Gold fell by Rs 263 to Rs 48,861 per 10 grams in the Delhi bullion market on Friday due to a weak trend in the international markets. HDFC Securities has given this information. Gold had closed at Rs 49,124 per 10 grams on the previous day. Silver also fell by Rs 806 to Rs 66,032 per kg. The previous closing price was Rs 66,838 per kg. “The spot price of 24-carat gold in Delhi declined by Rs. 263 per 10 grams in view of the weakness in COMEX (New York-based commodity exchange),” said HDFC Securities Senior Analyst (Commodities). Weakened to $ 1,861 an ounce and silver was also softening at $ 25.52 an ounce.
Morning quote
Metal | 22 Jan Rate (Rs / 10g) | January 21 rate (Rs / 10g) | Rate change (Rs / 10g) |
Gold 999 (24 carat) | 49420 | 49659 | -239 |
Gold 995 (23 carat) | 49222 | 49460 | -238 |
Gold 916 (22 carat) | 45269 | 45488 | -219 |
Gold 750 (18 carat) | 37065 | 37244 | -179 |
Gold 585 (14 carat) | 28911 | 29051 | -140 |
Silver 999 | 66236 Rs / Kg | 67160 Rs / Kg | -924 Rs / Kg |
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. Also Read: Gold Price Today: Gold prices fall; Silver becomes cheaper by Rs. 924 in bullion market, know today’s latest rate