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Today’s gold price drops dramatically Rs 649 Silver also drops to Rs 2,000 ahead of Akshaya Tritia – Business News India

Gold price today: Tomorrow is Akshaya Tritia (Akshaya Trieria 2022) on May 3. On this day, it is considered auspicious for Indians to buy gold and silver. In such a case, if you are also planning to buy gold from Akshaya Tritiya, then there is good news for you. In the Indian bullion market today, on Monday 2nd May, there was a significant drop in the price of both gold and silver (price of gold and silver in Akshaya Tritia).

According to the spot rate released by the Indian Bullion Association on Monday, 24 karat pure gold today opened at Rs 51,406 per 10 grams, getting cheaper by Rs 649. At the same time, silver (the price of silver today) is being sold at Rs 62,820 per kilogram, decreasing by Rs 1,954. Let us tell you that 24 karat gold is 99.99% pure and there is no other metal in it. Its color is bright yellow. 24 karat gold is much more expensive than 22 karat or 18 karat gold.

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22 karat to 18 karat gold price
Similarly, a decrease of Rs 647 was recorded in the price of 995 i.e. 22 karat gold. The price of 22 karat gold is currently 51,200 rupees per ten grams. Meanwhile, the price of 916 karat gold saw a drop of Rs 594 per 10 grams today. It is currently being sold at Rs 47,088 per gram.
Today, 750 carats of gold is selling at 38,555 rupees per 10 grams, a decrease of 486 rupees per 10 grams. At the same time, 585 carats of gold are sold today at 30073 rupees per ten grams. It has decreased by 379 rupees.

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The IBJA rate is applicable all over the country
Notably, the Indian Bulls and Jewelers Association (IBJA) does not release gold and silver prices on Saturdays and Sundays due to holidays. IBJA rates are universal across the country. However, the price shown on this website does not include GST. You can refer to the IBJA price while buying and selling gold. According to the Indian Bullion and Jewelery Association, IBJA takes the current rate of gold and silver from 14 centers across the country and gives their average value. The current price of gold and silver, or rather the spot price, may differ from one place to another, but there is a slight difference in their prices.

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