Jewellery is considered an important part of the culture of India, especially during major functions. As the wedding season has once again started, people in the country are in full readiness to celebrate the season. One of the most important parts of a wedding is the jewellery. The price of gold and silver has risen in tandem with the increase in demand. Gold and silver are seeing a major increase in their prices. This has been affecting the buyers as well. As a result, it becomes important to check the current trends and the rates of gold and silver in the market.
According to reports, in the bullion market of Ranchi, the capital of Jharkhand, the price of 22 carats (4.4 gram) of gold was recorded at Rs 59,750, and the price of 24 carats ( 4.8 gram) of gold was recorded at Rs 62,740. At the same time, the price at which silver was being sold was Rs 78,300 per kg. Manish Sharma, a bullion trader and member of the Indian Bullion Jewellers Association, has revealed that an increase in the prices of gold and silver has been seen in recent times. He added that there has been no major movement in the price of silver per kilogram. As of today, January 16, the average price of silver in Jharkhand is around Rs 78,300 per kg. This is an average price in th state. (The price varies from city to city.)
Manish Sharma also added that an increase of Rs 150 has been seen in the price of 22 carat and 24 carat gold. 22 carats of gold were sold for Rs 59,600 last evening,that is January 15. Today, its price has been fixed at Rs 59,750. At the same time, on Monday, people bought 24 carat gold at the rate of Rs 62,580 per 10 grams. Even today, on January 16, its price has been fixed at Rs 62,740. That means a jump of Rs 160 has been seen in the price of gold.
It is also quite important to note the quality of the gold as well. Manish suggests that customers should check the proper Hallmark sign before buying jewellery.
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