Gold price has increased today on 11 December. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat has increased by Rs 491 to Rs 77,666. Earlier, the price of gold was Rs 77,175 per ten grams.
On the other hand, there was a slight decline in the price of silver today. It fell by Rs 110 to Rs 92,700 per kg. Earlier, silver was at Rs 92,810. On October 23, silver made an all-time high of Rs 99,151 and on October 30, gold made an all-time high of Rs 79,681.
Price in 4 metros and Bhopal
- Delhi: The price of 10 grams of 22-carat is Rs 73,000. The price of 10 grams of 24-carat is Rs 79,620.
- Mumbai: The price of 10 grams of 22-carat is Rs 72,850. The price of 10 grams of 24-carat is Rs 79,470.
- Kolkata: The price of 10 grams of 22-carat is Rs 72,850. The price of 10 grams of 24-carat is Rs 79,470.
- Chennai: The price of 10 grams of 22-carat is Rs 72,850. The price of 10 grams of 24-carat is Rs 79,470.
- Bhopal: The price of 10 grams of 22-carat is Rs 72,900. The price of 10 grams of 24-carat is Rs 79,520.
Gold may reach up to 85 thousand rupees by June
Ajay Kedia, director of Kedia Advisory, says that after a big rally, it was expected to fall, and that has already happened. After America, the UK has cut interest rates. This will increase the purchase of gold ETF. In such a situation, by June 30 next year, the price can reach Rs 85 thousand per 10 grams.
Buy only certified gold
Always buy certified gold bearing the hallmark of the Bureau of Indian Standards (BIS). There is a 6-digit hallmark code on gold. This is called a 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.
