The Indian bullion market has released the rates of gold and silver on Monday i.e. 6th February. There has been a huge jump in the prices of gold and silver in Kanpur, Agra and Bareilly. Whereas, gold and silver have rolled in Gorakhpur.
There has been a big jump in the prices of gold and silver in Kanpur. On Saturday, gold was 57800 per ten grams and silver was 68300 per kg. On Monday, gold was 58100 per ten grams and silver was 68600 per kg.
An increase in the prices of gold and silver has also been recorded in Agra. On Saturday, gold was 57800 per ten grams and silver was 68500 per kg. On Monday, gold was 58200 per ten grams and silver was 68800 per kg.
Gold and silver rates have fallen in Gorakhpur. On Saturday, gold was 57800 per ten grams and silver was 68000 per kg. On Monday, gold was 57400 per ten grams and silver was 67500 per kg.
An increase in the prices of gold and silver was recorded in Bareilly. On Saturday, gold was 57700 per ten grams and silver was 67800 per kg. On Monday, gold was 58200 per ten grams and silver was 67900 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 less, the making charge is up to 15-24%.