Gold and silver prices fall today: Gold falls by ₹ 327 to ₹ 75,606, silver by ₹ 1,385 to sell at ₹ 90,555 per kg

The price of gold and silver is decreasing today i.e. on 8th October. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 327 to Rs 75,606. Earlier it was priced at Rs 75,933 per ten grams.

Silver prices have seen a big drop today. It is Rs. 1,385 down to Rs. 90,555 per kg was reached. Silver price was Rs.91,940 on Monday. On May 29 this year silver hit its all-time high of Rs. 94,280 per kg.

4 Gold Price in Metro and Bhopal

Keep these 3 things in mind while buying gold

1. Buy only 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 gold is can be known by hallmarking.

2. 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.

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 ordering online.