Today, gold prices rose and silver prices fell: Gold increased by ₹ 48 to ₹ 78,566, silver became cheaper by ₹ 221 and was being sold at ₹ 94,261 per kg.

There has been a rise in the price of gold and a fall in the price of silver today. On Tuesday (November 5), the price of 10 grams of 24 carat gold increased by Rs 48 to Rs 78,566. A day ago the price of gold was Rs 78,518.

At the same time, the price of silver fell by Rs 221 and it reached the price of Rs 94,261 per kg. Earlier, silver was at Rs 94,482.

In the same month, on October 23, silver had made an all-time high of Rs 99,151. During trading on October 30, gold had made an all-time high of Rs 79,681.

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 a gold is.