Gold down Rs 873 to Rs 75,867: Silver at Rs 88,051 per kg, see gold prices in carat terms

Gold and silver prices have seen a big drop today i.e. on 2nd December. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 873 to Rs 75,867. Earlier, the price of gold was Rs 76,740 per ten grams.

At the same time, silver prices also fell today. It is Rs. 1,332 decreased to Rs. 88,051 per kg. Earlier the price of silver was Rs.89,383. At the same time, on October 23 silver rose to Rs. 99,151 and on October 30, gold was Rs. An all-time high of 79,681 was created.

Gold price

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. 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.