Gold Price Today 12th May 2021: Changes were seen in the price of gold and silver today. Today, the price of gold and silver declined compared to yesterday. In the bullion markets, 24-carat gold opened at Rs 47700, while the spot price of silver fell by Rs 102 to close at Rs 70867 per kg. According to the India Bullion and Jewelers Association website (ibjarates.com), on 12 May 2021, the gold and silver spot prices across the country remained as follows…
| Metal | Rate of 12 May (Rs / 10g) | Rate of 11 May (Rs / 10g) | Rate change (Rs / 10g) |
| Gold 999 (24 carat) | 47700 | 47789 | -89 |
| Gold 995 (23 carat) | 47509 | 47598 | -89 |
| Gold 916 (22 carat) | 43693 | 43775 | -82 |
| Gold 750 (18 carat) | 35775 | 35842 | -67 |
| Gold 585 (14 carat) | 27905 | 27957 | -52 |
| Silver 999 | 70867 Rs/Kg | 70969 Rs/Kg | -102 Rs/Kg |
According to the website of the India Bullion and Jewelers Association, today the average price of 23 carat gold in bullion markets is Rs 47509 per 10 grams, while the price of 22 carat has reached Rs 43693, while the price of 18 carat gold has reached Rs 35775. is. Explain that the rate released by the India Bullion and Jewelers Association and the price of your city can vary between 500 and 1000 rupees.
IBJA rates are recognized nationwide
Let us know that the rate issued by IBJA is universally accepted across the country. 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 its average price by taking a gold-silver current rate from 14 centers across the country. 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.
