Gold and silver prices rose today: Gold price increased by ₹ 451 to ₹ 76,738, silver became costlier by ₹ 1346.

There is a rise in the price of gold today i.e. on 29th November. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 451 to Rs 76,738. Earlier the price of gold was Rs 76,287 per ten grams.

At the same time, the price of silver is also rising today. It has increased by Rs 1346 to Rs 89,250 per kg. Earlier, silver was at Rs 87,904. At the same time, on October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681.

Gold price in 4 metros and Bhopal

Gold has increased by more than Rs 13,386 so far this year

According to IBJA, so far this year the price of gold has increased by Rs 13,386. At the same time, the price of silver has increased by Rs 15,855. On January 1, gold was at Rs 63,352 per 10 grams, which has now reached Rs 76,738 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 per kg to Rs 89,250 per kg.

Gold can go up to Rs 85 thousand by June

Ajay Kedia, Director of Kedia Advisory, says that gold was supposed to fall after a big rally, it has already arrived. There is little scope for the price to fall below Rs 74 thousand per 10 grams.

After America, UK has cut interest rates. This will increase purchases of gold ETFs. In such a situation, by June 30 next year, gold can reach Rs 85 thousand per 10 grams.

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 of 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 to be 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.