The price of gold has reached its all-time high today (25 September). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 496 to Rs 75,260 on Wednesday. Earlier on Tuesday, its price was Rs 74,764 per ten grams. So far this week, gold has become costlier by Rs 1167.
A big increase has been seen in the price of silver today. It became costlier by Rs 1,922 and reached Rs 90,324 per kg. Earlier, silver was at Rs 88,402. This year, silver has reached its all-time high of Rs 94,280 per kg on 29 May.
gold price by carat
| Carat | Price (Rs./10 gm) |
| 24 | 75,260 |
| 22 | 68,938 |
| 18 | 56,445 |
Gold price in 4 metro cities and Bhopal
- Delhi : The price of 10 grams of 22 carat gold is Rs 70,750 and the price of 10 grams of 24 carat gold is Rs 77,170.
- Mumbai : The price of 10 grams of 22 carat gold is Rs 70,600 and the price of 10 grams of 24 carat gold is Rs 77,020.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 70,600 and the price of 10 grams of 24 carat gold is Rs 77,020.
- Chennai : The price of 10 grams of 22 carat gold is Rs 70,600 and the price of 10 grams of 24 carat gold is Rs 77,020.
- 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 77,700.
11,908 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 |
| 25 September | Rs 75,260 per 10 grams | Rs 90,324 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
