Why is there a difference between the TV rate and the shop rate? Know the real price after adding GST:

News India Live, Digital Desk: In Indian families, especially when the wedding season is upon us, the first thing people check after waking up in the morning is, “What is the price of gold today?” We all know that gold is not just a metal, but a companion of our tradition and bad times.

If you are also planning to buy gold for your daughter’s wedding or for investment, then today’s news can bring a smile on your face. Yes, good news is coming from the bullion market regarding gold prices. Price Drop Has been registered.

“Rates have come down, but by how much?”
Often we see the rates on TV or mobile and happily go to the jeweller. But after going there and seeing the bill, one gets shocked. this is due to- GST and making charge.

According to today’s update, the shine of gold has faded a bit i.e. the prices have decreased. Be it pure 24 carat (24K) gold, jewelery 22 carat (22K) or budget-friendly 18 carat (18K) – everything is witnessing softening. But it is wise that you ‘GST-inclusive’ Go to the market only after knowing the rates.

Understand the game and value of carat

1. 24 karat (pure gold): It is 99.9% pure. Jewelry is not made from it because it is very soft. If you want to buy coins or biscuits, check its rate. The decline in this is a lucky chance for investors.
2. 22 carat (jewelry gold): If you want to make a necklace, bracelet or ring, then check this rate. Copper or silver is added to it to make the jewelery stronger. Today its prices have also come down, which is a big relief for wedding houses.
3. 18K (Budget Gold): Nowadays, the trend of 18 carat diamond jewelery or light jewelery has increased a lot. This is the cheapest.

Don’t forget the math of 3% GST
Market experts say that there is no tax in the rate list that comes. when you go to buy 3% GST Will be added separately. Therefore, when you see the fallen prices today, mentally add 3% to it, that will be your ‘final rate’.

Should I buy now?
Experts believe that there are fluctuations in the global market. Whenever there is a dip, it is wise to make some purchases. If you have to buy for a wedding, it can be a profitable deal to book at today’s rates instead of waiting.

Then what are you waiting for? Know the latest status of the bullion market of your city and bring pure gold home only after seeing the Hallmark.