Gold bullion prices of 18 and 14 carat gold declined in bullion markets on Monday. On the other hand, there has been a slight increase in 22 to 24 carat gold.
Pure gold is now cheaper by Rs 9976 at its highest level. Silver, on the other hand, traded at Rs 15,775 Has become cheaper. On Monday, 18 carat gold fell by Rs 411 to Rs 34,709 per 10 grams as compared to Friday, while silver fell by Rs 177 to Rs 60,233 per kg.
Let me tell you that on August 7 last year, gold had touched Rs 56,126 and silver Rs 76,004. The rate issued by the India Bullion and Jewelers Association and your city may vary from Rs.500 to Rs.1,000.