This week, there has been a rise in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday, i.e. on October 19, gold was at Rs 77,410, which has now reached Rs 78,015 per 10 grams on (October 26). That is, its price has increased by Rs 605 this week. On the other hand, if we talk about silver, it was at Rs 92,283 last Saturday, which has now reached Rs 95,800 per kg. This week its price has increased by Rs 3,717. Earlier this week, on October 23, gold had made an all-time high of Rs 78,703 and silver Rs 99,151. Gold price in 4 metros and Bhopal Gold can go up to 79 thousand by the end of the year
According to Anuj Gupta, Commodity and Currency Head of HDFC Securities, gold is getting support due to geopolitical tension and the beginning of the festive season. Due to this, we can see a rise in the prices of gold and silver in the coming days. This year gold can go up to Rs 79 thousand per 10 grams. At the same time, silver can also reach up to Rs 1 lakh per kilogram. Always buy certified gold. Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). There is a 6-digit hallmark code on gold. This 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 find out how many carats a particular gold is.
