Gold Prices has reached its all-time high today i.e. on October 3. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has increased by Rs 274 to Rs 75,762. Earlier its price was Rs 75,515 per ten grams.
At the same time, the price of silver is also rising today. It has increased by Rs 1,048 to Rs 90,930 per kg. Earlier silver was at Rs 89,882. This year silver reached its all-time high of Rs 94,280 per kg on May 29.
Gold in 4 metros and Bhopal
- Delhi: The price of 10 grams of 22-carat gold is Rs 71,250 and 10 grams of 24-carat gold is Rs 77,710.
- Mumbai: The price of 10 grams of 22-carat gold is Rs 71,100 and 10 grams of 24-carat gold is Rs 77,560.
- Kolkata: The price of 10 grams of 22-carat gold is Rs 71,100 and 10 grams of 24-carat gold is Rs 77,560.
- Chennai: The price of 10 grams of 22-carat gold is Rs 71,100 and 10 grams of 24-carat gold is Rs 77,560.
- Bhopal: The price of 10 grams of 22-carat gold is Rs 71,150 and 10 grams of 24-carat gold is Rs 77,610.
Gold can go up to 78 thousand by the end of the year.
According to Anuj Gupta, Commodity and Currency Head of HDFC Securities, gold and silver may see an increase 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 kilogram.
Keep these 3 things in mind while buying gold.
1. Buy certified gold
Always buy certified gold with the hallmark of the Bureau of Indian Standards (BIS). There is a 6-digit hallmark code on gold. It is called a 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 of gold there are.
2. Cross-check the Gold 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 cost of gold varies according to 24 carat, 22 carat, and 18 carat. 24-carat gold is considered the purest gold, but jewelry is not made from it because it is very soft.
3. Do not make a cash payment, take the bill
While buying gold, it is better to make payments through UPI (like the Bhim App) and digital banking instead of cash payment. If you want, you can also make payments through a debit or credit card. After this, do not forget to take the bill. If you have ordered online, then definitely check the packaging.
