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
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).