Gold Silver Price Today : Gold and silver are available at cheap price today, know the latest rate before buying

Gold Silver Price Today: On the first day of the week, the price of gold has decreased on Monday. Today, the price of 22 and 24 carat gold has decreased by Rs 400. Softness is also seen in silver.

Gold prices have seen a decline while silver prices have also softened. 22 carat gold price in India is Rs 60,280. So today the price of 24 carat gold in the market is Rs 65,870. Let us tell you that yesterday and today the price of gold and silver has seen a record breaking increase.

Global price of gold

Globally, gold futures prices are seeing a decline on Monday morning. Global gold prices were seen trading down 0.54 percent or $11.60 at $2149.90 an ounce on Comex. At the same time, the global spot price of gold was seen trading at $2146.96 an ounce, down 0.43 percent or $9.32.

World price of silver

Along with gold, the global price of silver also saw a decline on Monday morning. Global silver prices were seen trading down 0.65 percent, or $0.17, at $25.22 an ounce on the Comex. While the spot price of silver decreased by 0.71 percent or $0.18 to trade at $25.01 per ounce.

What does 916 gold mean? Gold is classified based on its purity like 24K, 23K and 18K, etc. If it is hallmarked, 22K gold will be called 'BIS 916' gold; This number is part of the hallmark seal. Similarly, 23K gold is labeled BIS 958, which means 95.8 grams of pure gold in 100 grams of alloy. 916 gold is nothing but 22K gold i.e. 91.6 grams of pure 24 karat gold per 100 grams of alloy.