Gold Price Fell Today – The prices of gold and silver declined today, October 10th. According to the India Bullion and Jewelers Association (IBJA), the cost of 10 grams of 24-carat gold fell by Rs 171 to Rs 74,838. Earlier, it was Rs 75,009 per ten grams.
At the same time, the silver price fell drastically. It fell by Rs 308 to Rs 88,353 per kg. Earlier, silver was at Rs 88,661. This year, silver reached its all-time high of Rs 94,280 per kg on May 29.
Gold prices in 4 metro cities and Bhopal
- Delhi – The price of 10 grams of 22-carat gold is Rs 70,400 and the price of 10 grams of 24-carat gold is Rs 76,790.
- Mumbai – The price of 10 grams of 22-carat gold is Rs 70,250 and the price of 10 grams of 24-carat gold is Rs 76,640.
- Kolkata – The price of 10 grams of 22-carat gold is Rs 70,250 and the price of 10 grams of 24-carat gold is Rs 76,640.
- Chennai – The price of 10 grams of 22-carat gold is Rs 70,250 and the price of 10 grams of 24-carat gold is Rs 76,640.
- Bhopal – The price of 10 grams of 22-carat gold is Rs 70,350 and the price of 10 grams of 24-carat gold is Rs 76,740.
Keep these 3 things in mind while buying gold
- Buy only certified gold
Always buy certified gold bearing the hallmark of the Bureau of Indian Standards (BIS). It is a 6-digit hallmark code on gold. This is called a Hallmark Unique Identification Number i.e. HUID. This number is alphanumeric i.e. something like this – AZ4524.
- Cross-check the price
Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The gold price 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.
- Do not pay cash, take the bill
While buying gold, it is better to make payments through UPI (like the BHIM app) and digital banking instead of cash payments. You can also make the payment through a debit or credit card. After this don’t forget to take the bill. If you have ordered online then definitely check the packaging.