Gold Price Today 3rd November 2020: Even before Karva Chauth, Dhanteras and Diwali, the glow of gold and silver has started increasing. Today, both gold and silver witnessed a slight rise in bullion markets. Today i.e. on November 3, 24-carat gold opened at a level of 51054 with a slight rise of Rs 17 per 10 grams. At the same time, there was a slight rise of Rs 137 in the spot price of silver. Silver today has reached Rs 61730 per kg.
According to the India Bullion and Jewelers Association website (ibjarates.com) on 3 November 2020, the gold and silver spot prices across the country were as follows…
|Metal||Rate of 3 November (Rs / 10g)||November 2 rate (Rs / 10g)||
Rate change (Rs / 10g)
|Gold 999 (24 carat)||51054||51037||17|
|Gold 995 (23 carat)||50850||50833||17|
|Gold 916 (22 carat)||46765||46750||15|
|Gold 750 (18 carat)||38291||38278||13|
|Gold 585 (14 carat)||29867||29857||10|
|Silver 999||61730 Rs / Kg||61867 Rs / Kg||137 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.