Gold Price Today 15th December 2020: Today, gold and silver prices have increased again in bullion markets. In Delhi, the price of gold rose by Rs 371 to open at Rs 49230 per 10 grams. At the same time, silver became expensive by Rs 313 and opened at Rs 62913 per kg. Explain that this 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 15 December 2020, the gold and silver spot prices across the country were as follows…
| Metal | Rate of 15 December (Rs / 10g) | 14 December rate (Rs / 10g) |
Rate change (Rs / 10g) |
| Gold 999 (24 carat) | 49230 | 48859 | 371 |
| Gold 995 (23 carat) | 49033 | 48663 | 400 |
| Gold 916 (22 carat) | 45095 | 44755 | 340 |
| Gold 750 (18 carat) | 36923 | 36644 | 279 |
| Gold 585 (14 carat) | 28800 | 28583 | 217 |
| Silver 999 | 62913 Rs/Kg | 62600 Rs/Kg | 313 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.