The Indian bullion market has released the rates of gold and silver on Wednesday i.e. 18th January. In Kanpur-Bareilly, there was a decline in gold and an increase in silver. Gold and silver both declined in Agra and Gorakhpur.
A fall in gold and a rise in silver were observed in Kanpur. On Tuesday, gold was 56700 per ten grams and silver was 68800 per kg. On Wednesday, gold was 56600 per ten grams and silver was 69100 per kg.
Gold and silver both declined in Agra. On Tuesday, gold was 56700 per ten grams and silver was 68700 per kg. On Wednesday, gold was 56500 per ten gram and silver was 67900 per kg.
In Gorakhpur too, there was a decline in both gold and silver. On Tuesday, gold was 57000 per ten grams and silver was 69500 per kg. On Wednesday, gold was 56500 per ten grams and silver was 69000 per kg.
There was a fall in gold and an increase in silver in Bareilly. Gold was 56750 per ten grams and silver was 67500 per kg. On Wednesday, gold was 56000 per ten grams and silver was 67700 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%.