Wednesday, November 13, 2024
HomeEconomyGold became costlier by Rs 410 this week: It was being sold at Rs...

Gold became costlier by Rs 410 this week: It was being sold at Rs 78,015, silver became cheaper by Rs 2,299 and was being sold at Rs 93,501 per kg.

This week there was a rise in the price of gold. According to the data of India Bullion and Jewelers Association (IBJA), last Friday (October 25), the price of 10 grams of 24 carat gold was Rs 78,015, which reached Rs 78,425 yesterday (Friday, November 2) after a week's trading.

At the same time, after a week's trading, the price of one kg of silver became cheaper by Rs 2,299 and reached Rs 93,501 per kg. A week ago the price of silver was Rs 95,800. On October 30, gold made an all-time high of Rs 79,681 and on October 23, silver made an all-time high of Rs 99,151.

Gold price in 4 metros and Bhopal

  • Delhi : The price of 10 grams 22 carat gold is Rs 73,800 and the price of 10 grams 24 carat gold is Rs 80,550.
  • Mumbai : The price of 10 grams 22 carat gold is Rs 73,770 and the price of 10 grams 24 carat gold is Rs 80,400.
  • Kolkata : The price of 10 grams of 22 carat gold is Rs 73,700 and the price of 10 grams of 24 carat gold is Rs 80,400.
  • Chennai : The price of 10 grams 22 carat gold is Rs 73,700 and the price of 10 grams 24 carat gold is Rs 80,400.
  • Bhopal : The price of 10 grams 22 carat gold is Rs 73,750 and the price of 10 grams 24 carat gold is Rs 80,450.

Gold can go up to Rs 87 thousand by next Diwali

See also  Expected rise in stock market this week: From Hyundai IPO, retail-wholesale inflation to FII-DII flow; These factors will decide the movement of the market

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. By the next month, gold can go up to Rs 87 thousand per 10 grams.

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

Frontpage Insights
Frontpage Insightshttps://frontpageinsights.online
At Frontpage Insights, we understand that staying informed is essential in today’s fast-paced world. That’s why we are committed to bringing you news that matters, with a focus on delivering breaking news, in-depth analyses, and insightful commentary on a wide range of topics. Our diverse coverage spans categories such as WORLD, TOP STORIES, ECONOMY, BUSINESS, SCIENCE, HEALTH, SPORTS, LIFESTYLE, and ENTERTAINMENT, ensuring that our readers have access to a well-rounded perspective on global events.

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Discover more from Frontpage Insights

Subscribe now to keep reading and get access to the full archive.

Continue reading