Gold becomes cheaper on 1 nov 2022 silver prices cross rs 58000 see latest rate including GST
Gold Price 1 Nov 2022: There is a change in the prices of gold and silver on the first day of November. On November 1, where there is a fall in the price of gold in the bullion
markets, there is a rise in the price of silver. Today the price of 24 carat gold has become cheaper by just Rs 18 per 10 grams to Rs 50462. At the same time, silver has become
expensive by Rs 850 per kg today and has opened at the rate of 58200 per kg. Explain that these rates are the average rates issued by IBJA, which have been taken from many cities.
There is no GST and jewelery making charge on this. It may be that gold and silver are being sold expensive or cheaper in your city by Rs 500 to 2000 at this rate. Read also: Gold
may become cheaper because the demand is decreasing due to rising inflation.
If we talk about the rate of bullion markets, now pure gold has become cheaper by Rs 56254
per 10 grams to Rs 5792 from its all-time high rate. Whereas, silver is now cheaper by only Rs 17,808 from its high rate of Rs 76008 per kg two years ago. Latest price of 18 to 24
carat gold including GST
The price of 24 carat gold including GST is Rs 51975. It contains 99.99 percent gold and does not make any jewellery.The price of 23 carat gold
is now Rs 51767 with GST. Today it opened at the rate of Rs 50260 per 10 grams. It contains 95% gold. If the jeweler's profit is added on this, then it will be Rs 57173. With the
jewelery making charge, it will reach beyond Rs 61000. The price of 22 carat gold is Rs 46223 per 10 grams. Now with 3% GST, the price of this gold is Rs 47609. It contains 85%
gold. After adding jewelery making charges and jeweler's profit, it will cost you around Rs 59000. The rate of 18 carat gold is Rs 37847 per 10 grams and with GST its price has now
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gone up to Rs 38982. It contains only 75 percent gold. After adding jewelery making charges and profits, it will be around Rs 49500.
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