Today i.e. 2nd September, gold and silver prices are decreasing. According to the India Bullion and Jewelers Association (IBJA), on Thursday, the price of 10 grams of 24 carat gold fell by Rs 521 to Rs 71,437. On Saturday, its price was Rs 71,958 per ten grams. While silver has fallen by Rs 2,643 to Rs 82,376 per kg. Earlier on Saturday, the price of silver was Rs 85,019 per kg. Gold touched an all-time high of Rs 74,222 per 10 grams in May this year. At the same time on May 29, silver hit an all-time high of Rs. 94,280 per share was reached. Gold price by carat 4 metros and gold prices in Ahmedabad have increased by more than 8 thousand rupees so far this year According to IBJA, the price of gold has increased by 8,085 rupees so far this year. On January 1, gold was Rs. 63,352, which is now Rs. 71,437 per 10 grams has been reached. At the same time, the price of one kg of silver has increased from Rs 73,395 to Rs 82,376. So far this year, gold is worth Rs. 8,085 has gone up in price Source: India Bullion & Jewelers Asso 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. Cross check the 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 Bill 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 you ordered online.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
Silver fell by ₹2,643 to ₹82,376 per kg: Gold also fell by ₹521 to ₹71,437 per 10 grams
