Gold hits all-time high: Gold hits ₹78,703 per 10 gm, silver also hits ₹99,151 per kg

Gold and silver have reached all-time highs today i.e. October 23. According to India Bullion and Jewelers Association (IBJA) data, the price of 10 grams of 24 carat gold rose by Rs 452 to Rs 78,703. A day before this, gold was Rs 78,251 per ten grams.

Also, the price of silver also increased by Rs 779 and is being sold at Rs 99,151 per kg. A day before this silver was Rs. was at 98,372. Before this, gold and silver were at all-time highs yesterday as well. So far this month, gold has been worth Rs. 3,506 has become expensive. On September 30, it was Rs. was at 75,197.

4 Gold Price in Metro and Bhopal

Gold can go up to 79 thousand rupees by the end of the year According to Anuj Gupta, Head of Commodities and Currencies, HDFC Securities, geopolitical tensions and the start of the festive season are boosting gold. Due to which the price of gold and silver may increase in the coming days. This year, gold can go up to 79 thousand rupees per 10 grams. Also, silver can reach up to 1 lakh rupees per kg.

Always buy certified gold Always buy certified gold bearing the Bureau of Indian Standards (BIS) hallmark. Gold has a 6 digit hallmark code. It is called Hallmark Unique Identification Number or HUID. This number is alphanumeric ie something like – AZ4524. How many karats the gold is can be known by hallmarking.

Check the cross price

Cross-check the correct weight of the gold and its price on the day of purchase from multiple sources (such as the India Bullion and Jewelers Association website). The price of gold varies according to 24 carat, 22 carat and 18 carat. 24 karat gold is considered to be the purest gold, but it is not used in jewelry because it is too soft.