There was a rise in gold and silver this week: Gold increased by Rs 1,787 to reach Rs 77,410, silver was being sold at Rs 92,283 per kg.

This week there has been a rise in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. on October 12, gold was at Rs 75,623, which has now reached Rs 77,410 per 10 grams (October 19). That means its price has increased by Rs 1,787 this week.

Whereas, if we talk about silver, it was at Rs 89,963 last Saturday, which has now reached Rs 92,283 per kg. This week its price has increased by Rs 2,320. This year, silver had reached its all-time high of Rs 94,280 per share on May 29.

Gold price in 4 metros and Bhopal

Gold can go up to Rs 78 thousand by the end of the year 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. This year gold can go up to Rs 79 thousand per 10 grams. At the same time, silver can also reach Rs 1 lakh per kg.

Always buy certified gold only 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 a gold is.