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Gold hits all-time high on Dhanteras: Gold trades up ₹601 to ₹78846, silver up ₹1152 to ₹97,238 per kg

Today (October 29) on Dhanteras, gold has reached an all-time high. According to data from the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 601 to Rs 78,846. Earlier, gold was Rs 78,245 per 10 grams.

Also, the price of silver has also increased by Rs 1,152 to Rs 97,238 per kg. Earlier the price of silver was Rs.96,086. Also, this month on October 23, silver rose to Rs. It reached an all-time high of 99,151.

Gold price by carat

Carat Price (Rs/10 Grams)
24 78,846
22 72,223
18 59,135

4 Gold Price in Metro and Bhopal

  • Delhi: The price of 10 grams of 22 carat gold is Rs 73,900 and the price of 10 grams of 24 carat gold is Rs 80,600.
  • Mumbai: The price of 10 grams of 22 carat gold is Rs 73,750 and the price of 10 grams of 24 carat gold is Rs 80,450.
  • Kolkata: The price of 10 grams of 22 carat gold is Rs 73,750 and the price of 10 grams of 24 carat gold is Rs 80,450.
  • Chennai: The price of 10 grams of 22 carat gold is Rs 73,750 and the price of 10 grams of 24 carat gold is Rs 80,450.
  • Bhopal: 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.

So far this year, gold has become expensive by Rs 15,494

See also  Gold, silver expensive this week: Gold up Rs 324 to Rs 75,964, silver selling at Rs 92,200 per kg
Date The price of gold The price of silver
1 January 63,352 rupees per 10 grams 73,395 per kg
29 October 78,846 per 10 grams 97,238 per kg

Ref: India Bullion & Jewelers Assoc

Gold can reach 87 thousand rupees by next Dhanteras

According to Anuj Gupta, Head of Commodities and Currencies, HDFC Securities, geopolitical tensions and the festive season are driving gold prices higher. Due to which the price of gold and silver may increase in the coming days. Gold may cross 79 thousand rupees per 10 grams by the end of this year. Also, gold can go up to 87 thousand rupees per 10 grams by the next month.

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 karats the gold is can be known by hallmarking.

related to gold

Today is Dhanteras, it is auspicious to invest in gold on this day: By next year, gold can reach ₹87 thousand

Today is Dhanteras on 29th October. It is considered auspicious to invest in gold on this day. Currently, gold is at 78 thousand rupees per 10 grams. According to Anuj Gupta, Head of Commodities and Currencies, HDFC Securities, gold may go up to Rs 87,000 per 10 grams by next Dhanteras.

Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).

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