There is a rise in the prices of gold and silver today (24 December). According to India Bullion and Jewelers Association (IBJA), on Tuesday, 10 grams of 24 carat gold increased by Rs 17 to Rs 75,961. On Monday its price was Rs 75,944 per ten grams.
Gold has increased by more than Rs 12,609 so far this year
According to IBJA, so far this year the price of gold has increased by Rs 12,609. At the same time, the price of silver has increased by Rs 2,667. On January 1, gold was at Rs 63,352 per 10 grams, which has now reached Rs 75,961 per 10 grams. At the same time, the price of one kg silver has increased from Rs 85,133 per kg to Rs 87,800 per kg.
Gold may cost Rs 1.68 lakh per 10 grams by 2030
According to Mahendra Lunia, Chairman of Vighnaharta Gold, the price of gold can reach Rs 1.68 lakh per 10 grams by 2030. The reasons for the rise in gold prices range from geopolitical tensions to global economic recession.
Gold price in 4 metros
The price of 10 grams 22 carat gold is Rs 71,050 and the price of 10 grams 24 carat gold is Rs 77,500. Mumbai : The price of 10 grams 22 carat gold is Rs 70,900 and the price of 10 grams 24 carat gold is Rs 77,350. Kolkata : The price of 10 grams of 22 carat gold is Rs 70,900 and the price of 10 grams of 24 carat gold is Rs 77,350. Chennai : The price of 10 grams 22 carat gold is Rs 70,900 and the price of 10 grams 24 carat gold is Rs 77,350.
Keep these 2 things in mind while buying gold
1. Buy only certified gold
Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). Under the new rule, gold will not be sold without six-digit alphanumeric hallmarking from April 1. Just as there is a 12 digit code on the Aadhaar card, similarly gold will have a 6 digit hallmark code. This is called Hallmark Unique Identification Number i.e. HUID.
This number can be alphanumeric i.e. something like this – AZ4524. Through hallmarking, it has become possible to find out how many carats of gold is.
2. Cross check the price
Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (like 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 to be the purest gold, but jewelery is not made from it because it is very soft. Generally 22 carat or less gold is used for jewellery.
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