There is a fall in the prices of gold and silver today i.e. on 24th October. According to data from India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 531 to Rs 78,161. A day before this, gold had closed at Rs 78,692 per ten grams.
At the same time, the price of silver also fell by Rs 1,442 and it reached the price of Rs 97,420 per kg. A day before this, silver had closed at Rs 98,862. When the market opened on October 23, gold had made an all-time high of Rs 78,703 and silver of Rs 99,151.
Gold price in 4 metros and Bhopal
- Delhi : The price of 10 grams 22 carat gold is Rs 73,000 and the price of 10 grams 24 carat gold is Rs 79,620.
- Mumbai : The price of 10 grams 22 carat gold is Rs 72,850 and the price of 10 grams 24 carat gold is Rs 79,470.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 72,850 and the price of 10 grams of 24 carat gold is Rs 79,470.
- Chennai : The price of 10 grams 22 carat gold is Rs 72,850 and the price of 10 grams 24 carat gold is Rs 79,470.
- Bhopal : The price of 10 grams 22 carat gold is Rs 72,900 and the price of 10 grams 24 carat gold is Rs 79,520.
Gold can go up to Rs 79 thousand by the end of the year According to Anuj Gupta, Commodity and Currency Head, HDFC Securities, gold is getting support due to geopolitical tension and the beginning of the festive season. Due to this, an increase in gold and silver may be seen in the coming days. This year gold can go up to Rs 79 thousand per 10 grams. At the same time, silver can also reach Rs 1 lakh per kg.
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 of gold is.
Graphics Source: VaskarAssets