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Gold at all-time high: ₹440 rises to ₹74,533 per 10 grams, silver prices fall

Gold has reached its all-time high today i.e. on 23 September. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 440 to Rs 74,533 on Monday. Earlier its price was Rs 74,093 per ten grams.

On the other hand, silver has fallen today. It has fallen by Rs 508 to Rs 88,409 per kg. Earlier, silver was at Rs 88,917. This year, silver had 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 69,950 and the price of 10 grams of 24 carat gold is Rs 76,300.
  • Mumbai : The price of 10 grams of 22 carat gold is Rs 69,800 and the price of 10 grams of 24 carat gold is Rs 76,150.
  • Kolkata : The price of 10 grams of 22 carat gold is Rs 69,800 and the price of 10 grams of 24 carat gold is Rs 76,150.
  • Chennai : The price of 10 grams of 22 carat gold is Rs 69,800 and the price of 10 grams of 24 carat gold is Rs 76,150.
  • Bhopal : The price of 10 grams of 22 carat gold is Rs 69,850 and the price of 10 grams of 24 carat gold is Rs 76,150.

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 may reach Rs 78 thousand per 10 grams. Silver may also reach Rs 1 lakh per kilogram.

See also  Gold rose by ₹ 650 to reach ₹ 73,694: Silver became costlier by ₹ 2,505 and is selling at ₹ 88,605 per kg, see the price of gold according to carat

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.

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Graphics Source: VaskarAssets

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