Gold, silver up ahead of Dhanteras: Gold up Rs 480 to Rs 78,495, silver selling at Rs 96,552 per kg

Before Dhanteras today i.e. 28th October, gold and silver prices are booming. According to India Bullion and Jewelers Association (IBJA) data, the price of 10 grams of 24 carat gold rose by Rs 480 to Rs 78,495. Earlier, gold was Rs 78,015 per ten grams.

Also, silver price also increased by Rs 752 to Rs 96,552 per kg. Earlier the price of silver was Rs.95,800. In the same month, on October 23, gold was Rs. 78,703 and silver Rs. 99,151 was at an all-time high.

Gold price by carat

4 Gold Price in Metro and Bhopal

So far this year, gold has cost Rs. 15,143 has become expensive

Ref: India Bullion & Jewelers Assoc

Gold can go up to 79 thousand rupees by the end of the year According to Anuj Gupta, Head of Commodities and Currencies, HDFC Securities, geopolitical tensions and the festive season have led to a sell-off in gold. Due to which the price of gold and silver may increase in the coming days. This year, gold can go up to 79 thousand rupees per 10 grams. Also, silver can reach up to 1 lakh rupees per kg.

Always buy 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 the gold is can be known by hallmarking.

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.