Gold Price Today 29th January 2021: Today there is a big change in the price of gold and silver in the bullion market. In the bullion markets across the country, the rate of gold rose on Friday and silver prices saw a big jump. Today the spot price of 24-carat gold opened at just Rs 88 per 10 grams at Rs 49074 and rose by Rs 407 to Rs 49,393 in the bullion markets today. While the price of silver rose from Rs 2370 per kg to Rs 3759 and closed at Rs 69726 by evening. Explain that the rate released by the India Bullion and Jewelers Association and the price of your city can vary from 500 to 1000 rupees.
Silver sprung by Rs 2,915 in Delhi bullion market
On Friday, gold rose by Rs 132 to Rs 48,376 per 10 grams in Delhi Bullion Market. HDFC Securities has given this information. In the previous trading session, gold had closed at Rs 48,244 per 10 grams. Silver too was quoted at Rs 68,410 per kg with a jump of Rs 2,915. The previous closing price was Rs 65,495 per kg. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Before the Union Budget, the price of 24-carat gold in Delhi rose by Rs 132 per 10 grams. Gold in the international market showed a gain at $ 1,844.35 an ounce while silver remained almost unchanged at $ 26.35 an ounce.
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According to the India Bullion and Jewelers Association website (ibjarates.com), on 29 January 2021, the gold and silver spot prices across the country remained as follows…
| Metal | Rate of 29 January (Rs / 10g) | January 28 rate (Rs / 10g) | Rate change (Rs / 10g) |
| Gold 999 (24 carat) | 49393 | 48986 | 407 |
| Gold 995 (23 carat) | 49195 | 48790 | 405 |
| Gold 916 (22 carat) | 45244 | 44871 | 373 |
| Gold 750 (18 carat) | 37045 | 36740 | 305 |
| Gold 585 (14 carat) | 28895 | 28657 | 238 |
| Silver 999 | 69726 Rs / Kg | 65967 Rs / Kg | 3759 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.
