Gold Silver Price Update: The price of gold increased, silver also became expensive, if you are planning to buy, then know the latest rate
If you are planning to buy jewellery, then it will be beneficial for you to know the latest prices of precious metals before leaving the house. On Friday, the prices of gold and silver have registered a rise on MCX. Gold prices rose 0.59 per cent to Rs 51,565 per 10 grams, while silver rose 0.44 per cent to Rs 64,200 per kg.
Know the value of your city like this
The price of gold jewelery varies across the country due to excise duty, state taxes and making charges. You can also check your city gold price on mobile. According to the Indian Bullion and Jewelers Association, you can check the price by just giving a missed call on the number 8955664433. Your message will come on the same number from which you message. In this way you will know the latest rate of gold sitting at home.
22 carat used in making jewelery
Let us inform here that mostly only 22 carats are used for making jewellery. Some people also use 18 carat gold. The hall mark is made according to the carat on the jewellery. 999 is written on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat.