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    Gold and Silver Rates For The Current Year, Last 14 Assessment Years AND ON APRIL 1, 1981/APRIL 1, 2001

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    ca.sharatbr
    This document provides gold and silver rates per 10 grams over the past 14 assessment years from 2022 to 2008, as well as rates on April 1, 2001 and April 1, 1981. It shows that as of March 31, 2022, gold rates for 995 and 999 standards were Rs. 51,278 and Rs. 51,484 per 10 grams respectively, while silver rate was Rs. 66,990 per kg. It also provides notes on reducing the value of gold in gold ornaments by 14-20% of standard gold rates according to market practices, and includes a conversion table for grams, tolas, and kilograms.

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    Gold and Silver Rates For The Current Year, Last 14 Assessment Years AND ON APRIL 1, 1981/APRIL 1, 2001

    Uploaded by

    ca.sharatbr
    13 views1 page
    This document provides gold and silver rates per 10 grams over the past 14 assessment years from 2022 to 2008, as well as rates on April 1, 2001 and April 1, 1981. It shows that as of March 31, 2022, gold rates for 995 and 999 standards were Rs. 51,278 and Rs. 51,484 per 10 grams respectively, while silver rate was Rs. 66,990 per kg. It also provides notes on reducing the value of gold in gold ornaments by 14-20% of standard gold rates according to market practices, and includes a conversion table for grams, tolas, and kilograms.

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    The Gold and Silver rates as on March 31, 2022 are out. The rate of gold (995 standard 24 carats) is Rs. 51,278 per 10 grams and gold (999 standard 24 carats) is Rs. 51,484 per 10 grams and rate of Silv

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    This document provides gold and silver rates per 10 grams over the past 14 assessment years from 2022 to 2008, as well as rates on April 1, 2001 and April 1, 1981. It shows that as of March 31, 2022, gold rates for 995 and 999 standards were Rs. 51,278 and Rs. 51,484 per 10 grams respectively, while silver rate was Rs. 66,990 per kg. It also provides notes on reducing the value of gold in gold ornaments by 14-20% of standard gold rates according to market practices, and includes a conversion table for grams, tolas, and kilograms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views1 page

    Gold and Silver Rates For The Current Year, Last 14 Assessment Years AND ON APRIL 1, 1981/APRIL 1, 2001

    Uploaded by

    ca.sharatbr
    This document provides gold and silver rates per 10 grams over the past 14 assessment years from 2022 to 2008, as well as rates on April 1, 2001 and April 1, 1981. It shows that as of March 31, 2022, gold rates for 995 and 999 standards were Rs. 51,278 and Rs. 51,484 per 10 grams respectively, while silver rate was Rs. 66,990 per kg. It also provides notes on reducing the value of gold in gold ornaments by 14-20% of standard gold rates according to market practices, and includes a conversion table for grams, tolas, and kilograms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    GOLD AND SILVER RATES FOR THE CURRENT YEAR, LAST 14 ASSESSMENT YEARS

    AND ON APRIL 1, 1981/APRIL 1, 2001


    Valuation date Gold rates1 (995 Gold rates1 (999 Silver rates (999) (per 1
    standard 24 carats) standard 24 carats) kg.)
    (per 10 gms.) (per 10 gms.)
    Rs. Rs. Rs.
    31-03-2022 51,278 51,484 66,990
    31-03-2021 44,013 44,190 62,862
    31-03-2020 43,000 - 39,200
    31-03-2019 31,640 - 37,245
    31-03-2018 30,680 - 38,555
    31-03-2017 28,950 - 42,000
    31-03-2016 28,340 - 36,990
    31-03-2015 26,245 - 37,825
    31-03-2014 28,470 - 43,070
    31-03-2013 29,610 - 54,030
    31-03-2012 28,040 - 56,290
    31-03-2011 20,775 - 56,900
    31-03-2010 16,320 - 27,255
    31-03-2009 15,105 - 22,165
    31-03-2008 12,125 - 23,625
    01-04-2001 4,190 - 7,215
    01-04-1981 1,670 - 2,715
    Notes :
    1. Value of gold contained in gold ornaments should be reduced by 14 to 20 per cent of ruling rates of
    standard gold, as per the practice prevalent in the bullion market and the amount of reduction has to be
    worked out in the following manner :
    Plain gold bangles and ornaments Other gold
    made of solid gold ornaments
    Difference in value between 24 carats of standard 8.33% 8.33%
    gold and 22 carats of gold ornaments (gold
    ornaments are generally made of 22 carats of
    gold)
    Soldering made of copper, silver, etc., used in 2.5% to 5% 8.33%
    making ornaments
    Shortage of gold in melting, mint charges payable 1.25% 1.25%
    to Government, expenditure on freight, insurance,
    etc., of sending gold ornaments to approved mint
    for conversion into standard gold bars
    Margin of profit of the dealer when ornaments are 2% 2%
    sold in market
    Total reduction 14.08% to 16.58% 19.91%
    2. Conversion table:
    10 grams = 0.857 tola 1 tola = 11.664 grams
    1 kilogram = 85.734 tolas 10 tolas = 116.638 grams
    ■■

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