Please help me solving this riddle.
If a person is living in US and has to pay Zakat on Gold. Which price Zakat will be paid on? NYSE’s Gold comodity price? That is for pure Gold right = 24K?
Our jewelry is usually 22K, because pure gold (24K) cannot be used with designs since it is too fragile. So the mixed one is usually called 22K in UAE and Sub-continent.
On some websites they have 24K, 22K and 24K prices. Which one should be followed?
If someone know 24K, 22K Gold and Silver price for Oct 9, 2007, please do mention.
Thanks a million.
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