Gold Price Today 20th January 2021: Today, there was a rise in the price of gold and silver in the bullion market. In the bullion markets across the country, the spot price of 24 carat gold on Wednesday opened by Rs 131 per 10 grams at Rs 49272. While silver opened at Rs. 321 at Rs. 66122 per kg. Explain that the 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 January 20, 2021, the gold and silver spot prices across the country remained as follows…
| Metal | January 20 rate (Rs / 10g) | January 19 rate (Rs / 10g) | Rate change (Rs / 10g) |
| Gold 999 (24 carat) | 49272 | 49141 | 131 |
| Gold 995 (23 carat) | 49075 | 48944 | 131 |
| Gold 916 (22 carat) | 45133 | 45013 | 120 |
| Gold 750 (18 carat) | 36954 | 36856 | 98 |
| Gold 585 (14 carat) | 28824 | 28747 | 77 |
| Silver 999 | 66122 Rs / Kg | 65801 Rs / Kg | 321 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. Also Read: Gold price today: gold is still expensive, silver rose more than thousand rupees, see today’s new price
