The prices of gold and silver have been rising consistently since last year. Although the prices of these two precious metals fell significantly from record levels in February.
But as soon as Israel and America started attacking Iran, the geopolitical situation in West Asia began to heat up. In this atmosphere, the prices of these two metals used in jewelry making started to climb. On Saturday too, the prices of gold and silver increased in the Kolkata market.
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On Saturday in the Kolkata market, the price of 24-carat pure gold per 10 grams decreased by 1 thousand 850 rupees. The price of 22-carat jewelry gold per 10 grams in the Kolkata market decreased by 1 thousand 750 rupees. The price of silver per kilogram decreased by 1 thousand 950 rupees.
Gold and silver rates in Kolkata market today: (excluding tax)
Pure gold bar (24 carat): 1 lakh 61 thousand 400 rupees (per 10 grams)
Pure gold bar (retail): 1 lakh 62 thousand 200 rupees (per 10 grams)
Hallmarked jewelry gold (22 carat): 1 lakh 54 thousand 150 rupees (per 10 grams)
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Silver (retail): 2 lakh 67 thousand 850 rupees (per kilogram)
(Price source: WBBMJA)
You will not be able to buy gold at this rate when you go to the market. It will cost somewhat more than this rate. Because GST and jewelry making charges will be added to this rate. Although GST is fixed at 3 percent, this making charge may vary from shop to shop.