Today (November 11) the price of gold has seen a decline. According to the India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold costs Rs. 355 down to Rs. was 77,027. Earlier it was priced at Rs 77,382 per ten grams.
At the same time, silver prices also fell today. It is Rs. 297 reduced to Rs. 90,833 per kg. Earlier silver was Rs. was 91,130. On October 23, silver cost Rs. 99,151 and on October 30, gold was Rs. 79,681 was an all-time high.
4 Gold Price in Metro and Ahmedabad
- Delhi: The price of 10 grams of 22 carat gold is Rs 72,200 and the price of 10 grams of 24 carat gold is Rs 78,910.
- Mumbai: The price of 10 grams of 22 carat gold is Rs 72,200 and the price of 10 grams of 24 carat gold is Rs 78,760.
- Kolkata: The price of 10 grams of 22 carat gold is Rs 72,200 and the price of 10 grams of 24 carat gold is Rs 78,760.
- Chennai: The price of 10 grams of 22 carat gold is Rs 72,200 and the price of 10 grams of 24 carat gold is Rs 78,760.
- Ahmedabad: The price of 10 grams of 22 carat gold is Rs 72,250 and the price of 10 grams of 24 carat gold is Rs 78,810.
Keep these 3 things in mind while buying gold
1. Buy Certified Gold Only:
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.
2. Cross price check:
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.
3. Don't Pay Cash, Take Bills:
While buying gold, it is better to pay through UPI (like BHIM app) and digital banking instead of cash payment. You can also pay by debit or credit card if you wish. Don't forget to take the bill after this. Be sure to check the packaging if you ordered online.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).