Gold Price Today 3rd December 2020: Gold and silver prices are seen changing once again in bullion markets today. On Thursday, 24-carat gold spot price in the bullion markets across the country became costlier by Rs 126 per 10 grams and opened at Rs 49296, while in contrast silver spot price softened by Rs 350 to Rs 62856 per kg. At the same time, the price of 22 carat gold has risen by Rs 115 to 45155. The rate released by the India Bullion and Jewelers Association and the price of your city can vary between 500 and 1000 rupees.
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According to the India Bullion and Jewelers Association website (ibjarates.com) on 3 December 2020, the gold and silver spot prices across the country were as follows…
|Metal||Rate of 3 December (Rs / 10g)||Rate of 2 December (Rs / 10g)||
Rate change (Rs / 10g)
|Gold 999 (24 carat)||49296||49170||126|
|Gold 995 (23 carat)||49099||48973||126|
|Gold 916 (22 carat)||45155||45040||115|
|Gold 750 (18 carat)||36972||36878||94|
|Gold 585 (14 carat)||28838||28764||74|
|Silver 999||62856 Rs / Kg||63206 Rs / Kg||-350 Rs / Kg|
IBJA rates are recognized nationwide
Explain that the rate issued by IBJA is universally accepted. However, GST has not been included in the rate given on this website. 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.