The price of gold and silver is decreasing. On Wednesday (November 6), the price of 10 grams of 24 carat gold fell by Rs 460 to Rs 78,106. It was priced at Rs 78,566 on Tuesday.
Also, silver prices fell by Rs 2,268 to Rs 91,993 per kg. Earlier the price of silver was Rs.94,261.
In the same month, on October 23, silver rose to Rs. 99,151 was at an all-time high. During trading on October 30, gold was Rs. 79,681 was at an all-time high.
4 Gold Price in Metro and Bhopal
- Delhi: The price of 10 grams of 22 carat gold is Rs 73,800 and the price of 10 grams of 24 carat gold is Rs 80,500.
- Mumbai: The price of 10 grams of 22 carat gold is Rs 73,650 and the price of 10 grams of 24 carat gold is Rs 80,350.
- Kolkata: 10 grams of 22 carat gold is priced at Rs 73,650 and 10 grams of 24 carat gold is priced at Rs 80,350.
- Chennai: 10 grams of 22 carat gold is priced at Rs 73,650 and 10 grams of 24 carat gold is priced at Rs 80,350.
- Bhopal: 10 grams of 22 carat gold is priced at Rs 73,700 and 10 grams of 24 carat gold is priced at Rs 80,400.
Silver has appreciated by 28% and gold by 24% this year
The prices of gold and silver are increasing continuously. At the beginning of this year, the price of 10 grams of 24 carat gold was Rs 63,352, which has now reached Rs 78,106. After 10 months it has increased by Rs 14,754 ie about 24%.
While the price of 1 kg of silver was Rs 73,395 on January 1, it has now increased by Rs 20,106 to Rs 93,501 per kg. There has been an increase of about 28% in 10 months.
Gold can reach 87 thousand rupees by next Diwali
According to Anuj Gupta, Head of Commodities and Currencies, HDFC Securities, geopolitical tensions and the festive season are driving gold gains. Due to which the price of gold and silver may increase in the coming days. By the next Dhanteras, gold can go up to 87 thousand rupees per 10 grams.
Buy only certified gold
Always buy certified gold with 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 carats the gold is can be known by hallmarking.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
