The Indian bullion market has released the rates of gold and silver on Wednesday i.e. 8th February. Gold and silver both increased in Kanpur and remained stable in Gorakhpur. Gold declined in Bareilly and silver in Agra.
Gold and silver both showed an increase in Kanpur. On Tuesday, gold was 58000 per ten grams and silver was 68200 per kg. On Wednesday, gold was 58150 per ten grams and silver was 68400 per kg.
In Agra, gold remained stable and silver declined. On Tuesday, gold was 58000 per ten grams and silver was 68600 per kg. On Wednesday, gold was 58000 per ten grams and silver 68400 per kg.
Gold and silver both remained stable in Gorakhpur. On Tuesday, gold was 57200 per ten grams and silver was 67500 per kg. On Wednesday, gold was 57200 per ten grams and silver was 67500 per kg.
Gold declined and silver remained stable in Bareilly. On Tuesday, gold was 58500 per ten grams and silver was 67600 per kg. On Wednesday, gold was 58000 per ten grams and silver was 67600 per kg.
If the making charge on jewelry is low, then the rate of gold is high.
There is a difference of rate between two shops of gold and silver even within a city. But if a piece of jewelry is to be bought, the overall cost of the customer becomes the same. In fact, the cost of making the jewelery is over and above the rate of gold and silver. You will notice that in the shop where the price of gold is low, the making charge is up to 15-24%.