Gold rises on Diwali, silver falls: Gold rises by ₹ 58 to ₹ 79,639; Silver became cheaper by ₹ 1127 and was being sold at ₹ 96,913 per kg.

On Diwali, there is a rise in gold and fall in silver. Today i.e. on Thursday (October 31), the price of 10 grams of 24 carat gold has increased by Rs 58 from yesterday's price to Rs 79,639.

A day ago the price of gold was Rs 79,581. During trading yesterday, gold had made an all-time high of Rs 79,681.

At the same time, the price of silver has also increased by Rs 1,127, its price has reached Rs 96,913 per kg. Earlier, silver was at Rs 98,040. In the same month, on October 23, silver had made an all-time high of Rs 99,151.

Gold price in 4 metros and Bhopal

Gold can go up to Rs 87 thousand by next Diwali

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 any gold is.