The price of gold has reached its all-time high today (24 September). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 204 to Rs 74,671 on Tuesday. Earlier on Monday, its price was Rs 74,467 per ten grams.
The price of silver has also increased today. It became costlier by Rs 312 and reached Rs 88,068 per kg. Earlier, silver was at Rs 87,756. This year, silver has reached its all-time high of 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 70,150 and the price of 10 grams of 24 carat gold is Rs 76,510.
- Mumbai : The price of 10 grams of 22 carat gold is Rs 70,000 and the price of 10 grams of 24 carat gold is Rs 76,360.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 70,000 and the price of 10 grams of 24 carat gold is Rs 76,360.
- Chennai : The price of 10 grams of 22 carat gold is Rs 70,000 and the price of 10 grams of 24 carat gold is Rs 76,360.
- Bhopal : The price of 10 grams of 22 carat gold is Rs 70,050 and the price of 10 grams of 24 carat gold is Rs 76,410.
11,319 so far this year Gold has become expensive by Rupee
| date | gold price | Silver Price |
| 1 January | ₹63,352 per 10 gram | Rs 73,395 per kilogram |
| 24 September | ₹ 74,671 per 10 gram | Rs 88,068 per kilogram |
Source: India Bullion and Jewelers Association
Gold can reach up to 78 thousand by the end of the year According to Anuj Gupta, Commodity and Currency Head of HDFC Securities, gold and silver may see a rise in the coming days. This year gold can reach up to Rs 78 thousand per 10 grams. Silver can also reach up to Rs 1 lakh per kilogram.
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
