The price of gold increased today i.e. on 28 November. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 112 to Rs 76,287. Earlier, the price of gold was Rs 76,175 per ten grams. At the same time, there is a decline in the price of silver too today. It has fallen by Rs 526 to Rs 87,904 per kg. Earlier, silver was at Rs 88,430. At the same time, on October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681. Gold price in 4 metros and Bhopal has increased by Rs 12,935 so far this year. Source: India Bullion and Jewelers Association. Keep these 3 things in mind while buying gold. 1. 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. It 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. 2. Cross check the 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 price of gold 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. 3. Don’t make cash payment, take the bill. While buying gold, it is better to make payment through UPI (like Bhim App) and digital banking instead of cash payment. If you want, you can also make payment through debit or credit card. After this, do not forget to take the bill. If you have ordered online, then definitely check the packaging.
