There is a fall in the gold and silver price today i.e. on 3rd September. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 102 to Rs 71,409 on Tuesday. On Monday, its price was Rs 71,511 per ten grams.
At the same time, silver has fallen by Rs 401 to Rs 82,379 per kg. Earlier on Monday, silver was at Rs 82,780 per kg. This year, gold has reached an all-time high of Rs 74,222 per 10 grams in May. At the same time, silver reached its all-time high of Rs 94,280 per kg on May 29.
Gold Price in 4 metros and Bhopal
- Delhi: The price of 10 grams of 22 carat gold is Rs 66,850 and the price of 10 grams of 24 carat gold is Rs 72,920.
- Mumbai: The price of 10 grams of 22 carat gold is Rs 66,700 and the price of 10 grams of 24 carat gold is Rs 72,770.
- Kolkata: The price of 10 grams of 22 carat gold is Rs 66,700 and the price of 10 grams of 24 carat gold is Rs 72,770.
- Chennai: The price of 10 grams of 22 carat gold is Rs 66,700 and the price of 10 grams of 24 carat gold is Rs 72,770.
- Bhopal: The price of 10 grams of 22 carat gold is Rs 66,750 and the price of 10 grams of 24 carat gold is Rs 72,820.
This year, the price of gold has increased by more than 8 thousand rupees so far
According to IBJA, so far this year, the price of gold has increased by Rs 8,085. On January 1, gold was at Rs 63,352, which has now reached Rs 71,409 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 to Rs 82,376.
Gold price can go up to 78 thousand by the end of the year
According to Anuj Gupta, Commodity and Currency Head of HDFC Securities, further increase in gold and silver can be seen in the coming days. This year, gold can go up to Rs 78 thousand per 10 grams. At the same time, silver can also reach Rs 1 lakh per kg.
Keep these 3 things in mind while buying gold
1. Buy only certified gold
Always buy certified gold with the hallmark of Bureau of Indian Standards (BIS). There is a 6-digit hallmark code on gold. It 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 know the carat of gold.
2. Cross check the price
Cross check the correct weight of gold and its price on the day of purchase from many 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 bill
While buying gold, it is better to make payment through UPI (such as 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.
