Silver by ₹ 1,065 to ₹ 91,090 per kg: Gold up by ₹ 146 to ₹ 76,538, see gold price by carat

Today i.e. 5th December, the price of gold and silver has increased. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 146 to Rs 76,538. Earlier, the price of gold was Rs 76,392 per ten grams.

The price of silver is also increasing. It is Rs. 1,065 to Rs. 91,090 per kg has been reached. Earlier silver was Rs 90,025. Also, on October 23 silver rose to Rs. 99,151 and on October 30, gold was Rs. 79,681 was at an all-time high.

Gold price by carat

24 carats- 76,538

22 carats- 70,109

18 carats- 57,404

4 Gold Price in Metro and Bhopal

Gold can go up to 85 thousand rupees by June Ajay Kedia, director of Kedia Advisory, says gold was set to decline after a big rally. 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.

Keep these 3 things in mind while buying gold

1. Buy only 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.

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.