Today (November 21) the price of gold has seen a huge increase. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 686 to Rs 76,559. Earlier it was priced at Rs 75,873 per ten grams.
At the same time the price of silver has also decreased today. It is Rs. 336 reduced to Rs. 90,620 per kg. Earlier the price of silver was Rs.90,956. 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 by carat
Carat | Price (Rs/10 Grams) |
24 | 76,559 |
22 | 70,128 |
18 | 57,419 |
4 Gold Price in Metro and Bhopal
- Delhi: The price of 10 grams of 22 carat gold is Rs 71,600 and the price of 10 grams of 24 carat gold is Rs 77,770.
- Mumbai: The price of 10 grams of 22 carat gold is Rs 71,450 and the price of 10 grams of 24 carat gold is Rs 77,950.
- Kolkata: The price of 10 grams of 22 carat gold is Rs 71,450 and the price of 24 carat 10 grams of gold is Rs 77,950.
- Chennai: The price of 10 grams of 22 carat gold is Rs 71,450 and the price of 10 grams of 24 carat gold is Rs 77,950.
- Bhopal: The price of 10 grams of 22 carat gold is Rs 71,5050 and the price of 10 grams of 24 carat gold is Rs 78,000.
So far this year, gold has cost Rs. 13,207 has become expensive
Date | The price of gold | The price of silver |
1 January | 63,352 rupees per 10 grams | 73,395 per kg |
21 November | 76,559 per 10 grams | 90,620 per kg |
Reference: India Bullion and Jewelers Association
Gold can go up to 85 thousand rupees by June Ajay Kedia, director of Kedia Advisory, says that gold was supposed to fall after a big boom, it has already happened. There is very little scope for the price to go below Rs 74 thousand per 10 grams. After the US, the UK has reduced interest rates. This will increase buying of gold ETFs. In such a situation, gold can reach 85 thousand rupees per 10 grams by June 30 next year.
Buy certified gold only Always buy certified gold bearing the hallmark of the Bureau of Indian Standards (BIS). 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 any gold is can be known by hallmarking.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).