Gold Price Today 19th January 2021: Today, there was a slight rise in the price of gold and silver in the bullion market. On Tuesday, the spot price of 24 carat gold in bullion markets across the country rose by Rs 38 per 10 grams to Rs 49007. While silver opened at Rs. 65296 per kg. At the same time, 22 carat gold opened at Rs 44890, 23 carat gold Rs 48811 and 18 carat gold at the rate of Rs 36755 per 10 grams. 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.
According to the India Bullion and Jewelers Association website (ibjarates.com) on January 19, 2021, the gold and silver spot prices across the country were as follows…
| Metal | January 19 rate (Rs / 10g) | January 18 rate (Rs / 10g) | Rate change (Rs / 10g) |
| Gold 999 (24 carat) | 49007 | 48969 | 38 |
| Gold 995 (23 carat) | 48811 | 48773 | 38 |
| Gold 916 (22 carat) | 44890 | 44856 | 34 |
| Gold 750 (18 carat) | 36755 | 36727 | 28 |
| Gold 585 (14 carat) | 28669 | 28647 | 22 |
| Silver 999 | 65296 Rs / Kg | 64895 Rs / Kg | 401 Rs / Kg |
IBJA rates are recognized nationwide
Explain that the rate issued by IBJA is universally accepted. Although the rate given on this websiteGST is not included. 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 rate in Delhi, Chennai, Kolkata, Mumbai today slashes on 18 January 2021
