Gold/silver prices fall today: Gold fell by Rs.531 to Rs.78,161, silver was selling at Rs.97,420 per kg.

Today i.e. 24th October, the price of gold and silver is decreasing. According to India Bullion and Jewelers Association (IBJA) data, the price of 10 grams of 24 carat gold fell by Rs 531 to Rs 78,161. Yesterday, gold was Rs 78,692 per ten grams.

Also, the price of silver has also decreased by Rs 1,442 to Rs 97,420 per kg. Yesterday silver Rs. was at 98,862. When the market opened on October 23, gold was Rs. 78,703 and silver Rs. 99,151 was at an all-time high.

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 driving gold gains. 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.