Silver Leaps Over $1,200, Gold Prices Surge

24 Karat gold rises

Source: aajtak

Gold and Silver Prices Surge:

This morning on May 10, 2024, we witnessed a leap in gold and silver prices in the Indian bullion market. Gold has crossed the threshold of $1,036.70 per 10 grams, while the price of silver is now over $1,200 per kilogram. The national price for 24 karat gold of 999 purity per 10 grams stands at $1,036.42. Similarly, the price for 999 pure silver per kilogram is at $1,200.

According to the India Bullion And Jewellers Association (IBJA), 24 karat pure gold was priced at $1,035.71 per 10 grams on Monday evening, which has marginally increased to $1,036.70 on Tuesday morning. The purity-based price increment is observed for both gold and silver.

Today's Rates for 22 Karat Gold

As per the official website ibjarates.com, today the price for 995 purity gold is $1,030.76 per 10 grams. The 916 (22 karat) gold is priced at $950.20 per 10 grams, the 750 (18 karat) gold is at $775.04 per 10 grams, and the 585 (14 karat) gold is valued at $604.71 per 10 grams.

How have Gold and Silver Prices Changed Today?
Check Gold & Silver Prices with a Missed Call

You can check the prices for gold and silver with a simple missed call. For rates of 22 karat and 18 karat gold, dial 8955664433. You'll receive the price details via SMS shortly. Alternatively, visit the official website ibjarates.com to stay updated with the morning and evening gold rate changes.

IBJA reports 24 karat gold reaching $1,036.70 per 10 grams, a slight rise compared to the previous day.

Source: aajtak

Additional Making Charges and Taxes Apply

It's important to note that the Indian Bullion Jewelers Association (IBJA) provides prices for different purities of gold that are exclusive of taxes and making charges. The rates issued by IBJA are recognized nationwide, although they do not include GST. Remember, the prices of gold or silver jewelry at the time of purchase will be higher due to taxes.

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