Fall in gold and silver prices today: Gold fell by ₹ 314 to ₹ 75,687, silver became cheaper by ₹ 448 and was being sold at ₹ 89,578 per kg.

There was a decline in the prices of gold and silver today i.e. on 15th October. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 314 to Rs 75,687. Earlier its price was Rs 76,001 per ten grams.

At the same time, there is a big fall in the price of silver today. It fell by Rs 448 to Rs 89,578 per kg. Earlier, silver was at Rs 90,026. This year, silver has reached its all-time high of Rs 94,280 per kg on May 29.

Gold price according to carat

Gold price in 4 metros and Bhopal

12,335 so far this year Gold has become expensive in rupees

Source: India Bullion and Jewelers Association

Keep these 3 things in mind while buying gold

1. Buy only certified gold

Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). There is a 6 digit hallmark code on gold. This is called Hallmark Unique Identification Number i.e. HUID. This number is alphanumeric i.e. something like this – AZ4524. Through hallmarking it is possible to find out how many carats a gold is.

2. Cross check the price

Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat. 24 carat gold is considered the purest gold, but jewelery is not made from it because it is very soft.

3. Do not pay cash, take bill

While buying gold, it is better to make payment through UPI (like BHIM app) and digital banking instead of cash payment. If you want, you can also make payment through debit or credit card. After this don't forget to take the bill. If you have ordered online then definitely check the packaging.