Gold prices are rising today i.e. on 20 September. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 220 to Rs 73,705 on Friday. Earlier its price was Rs 73,485 per ten grams.
Silver is on the rise today. It has risen by Rs 194 to reach Rs 88,612 per kg. Earlier, silver was at Rs 88,418. This year, gold has reached an all-time high of Rs 74,222 per 10 grams in May. Silver, on the other hand, reached Rs 94,280 per kg on 29 May.
Gold price in 4 metro cities and Bhopal
- Delhi : The price of 10 grams of 22 carat gold is Rs 69,000 and the price of 10 grams of 24 carat gold is Rs 75,260.
- Mumbai : The price of 10 grams of 22 carat gold is Rs 68,850 and the price of 10 grams of 24 carat gold is Rs 75,110.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 68,850 and the price of 10 grams of 24 carat gold is Rs 75,110.
- Chennai : The price of 10 grams of 22 carat gold is Rs 68,850 and the price of 10 grams of 24 carat gold is Rs 75,110.
- Bhopal : The price of 10 grams of 22 carat gold is Rs 68,900 and the price of 10 grams of 24 carat gold is Rs 75,160.
So far this year, gold has increased by more than 10,500 rupees According to IBJA, the price of gold has increased by Rs 10,353 so far this year. On January 1, gold was at Rs 63,352, which has now reached Rs 73,705 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 to Rs 88,612.
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 or HUID. This number is alphanumeric i.e. something like this- AZ4524. Through hallmarking, it is possible to find out how many carats a gold has.
2. Cross check the price Cross-check the exact 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 jewellery is not made from it because it is very soft.
3. Do not make cash payment, take the 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, do not forget to take the bill. If you have ordered online, then definitely check the packaging.
Graphics Source: VaskarAssets
