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Gold-Silver Prices November 7: Good news for gold and silver buyers. Ahead of Diwali, gold and silver prices have softened. 24 carat gold fell by Rs 281 to open at Rs 60,772 per 10 grams in the bullion market on Tuesday, November 7, while silver prices fell by Rs 751 per kg. Gold hit its all-time high of Rs. 61739 to now Rs. 967 has become cheaper. While silver is around 6600 rupees cheaper compared to May 5 price.
Today’s rates are announced by the India Bullion and Jewelers Association (IBJA). GST and Jewelery Making Charge are not applicable on this rate of gold and silver. It is possible that gold and silver may be expensive by Rs 1000 to 2000 in your city.
Today 24 carat gold is selling at 62595 rupees per 10 grams with 3% GST i.e. 1823 rupees. While the price of silver including GST has increased to Rs 73424 per kg. If we talk about 23 carat gold, it opened at Rs 60529 today as per IBJA. A GST of Rs 1815 per 10 grams will be charged on this. With GST, its price has now gone up to Rs 62344.
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22 carat gold price today is 55667 rupees. If we add Rs 1670 more according to three percent GST, it becomes Rs 57337. With this, the price of 18 carat gold has reached 45579 rupees. A GST of 1367 rupees will be charged on it, which means that the price of this gold has now increased to 46946 rupees.