This week there has been a decline in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. 2 November, gold was at Rs 78,425, which has now come down to Rs 77,382 per 10 grams (9 November). That means its price has decreased by Rs 1,043 this week.
Talking about silver, it was at Rs 93,501 last Saturday, which has now come down to Rs 91,130 per kg. In this way, its price has decreased by Rs 2,371 this week. On October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681.
Gold price in 4 metros and Bhopal
- Delhi : The price of 10 grams 22 carat gold is Rs 72,900 and the price of 10 grams 24 carat gold is Rs 79,510.
- Mumbai : The price of 10 grams 22 carat gold is Rs 72,750 and the price of 10 grams 24 carat gold is Rs 79,360.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 72,750 and the price of 10 grams of 24 carat gold is Rs 79,360.
- Chennai : The price of 10 grams 22 carat gold is Rs 72,750 and the price of 10 grams 24 carat gold is Rs 79,360.
- Bhopal : The price of 10 grams 22 carat gold is Rs 72,800 and the price of 10 grams 24 carat gold is Rs 79,410.
Gold may go up to Rs 80 thousand by the end of the year According to Anuj Gupta, Commodity and Currency Head, HDFC Securities, gold and silver may see a rise in the coming days. This year gold can go up to Rs 80 thousand per 10 grams. At the same time, silver can also cross Rs 1 lakh per kg.
Buy only certified gold Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). There is a 6 digit hallmark code on gold. This is called Hallmark Unique Identification Number i.e. HUID. This number is alphanumeric i.e. something like this – AZ4524. Through hallmarking it is possible to find out how many carats a gold is.
Graphics Source: VaskarAssets
