Saturday , December 28 2024

The price of 10 grams of gold in poor Pakistan is Rs 200000, know what is the price in India? | News India

Prices are available on the IBJA website

Carat 27 August 28 August
24 carat gold Rs. 71,762/10 gm ₹ 71,690/10 gm
22 carat gold Rs. 71,475/10 gm Rs. 69,970/10 gm
20 carat gold Rs. 65,734/10 gm Rs. 63,810/10 gm

10 gram gold price in pakistan

On one hand, while the price of gold in India is between Rs 70-72 thousand per 10 grams, on the other hand, the price of gold in neighboring country Pakistan is at a high level. According to Gold.pk, on Wednesday, the price of 10 grams of 24 carat gold in Pakistan's capital Karachi reached PKR 2,28,270.40 (Pakistani Rupee). The price of one tola of gold there is Rs 2,66,250.

Gold is cheaper in Pakistan than in India

The price of gold in Pakistan has crossed Rs 2 lakh per 10 grams, but if calculated on the basis of Indian currency, gold in Pakistan is still much cheaper than in India. Actually 1 Pakistani rupee is equal to 0.3008 Indian rupees. According to this calculation, 2,28,270 Pakistani rupees are equal to 68,654 Indian rupees. If calculated according to this, the price of 24 carat 10 grams gold in Pakistan is still Rs 3036 less than the price of gold in the Indian domestic market.

Which gold is most commonly used in Jewellery?

Before buying gold, keep some special things in mind. Such as identifying its quality. Let us tell you that mostly 22 carat gold is used to make jewelry, while some people also use 18 carat gold. A hole is marked on the jewelry according to the carat. 24 carat gold jewelery is marked 999, while 23 carat is marked 958, 22 carat is marked 916, 21 carat is marked 875 and 18 carat is marked 750. As far as prices are concerned, the price of gold jewelery varies across the country due to excise duty, state taxes and manufacturing duty.