This week, there has been an increase in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday i.e. on December 20, gold was at Rs 75,377, which has now reached Rs 76,436 per 10 grams on (December 28). That is, its price has increased by Rs 1,059 this week. The price of silver was Rs 85,133 last Saturday, which has now reached Rs 87,831 per kg. In this way, its price has increased by Rs 2,698 this week. On the other hand, on October 23, silver made an all-time high of Rs 99,151 and on October 30, gold made an all-time high of Rs 79,681. Gold price in 4 metros and Bhopal Gold can go up to Rs 85 thousand by June
Ajay Kedia, director of Kedia Advisory, says that after a big rally, gold was expected to fall, and it has already come. After America, UK has also cut interest rates. This will increase the purchase of Gold ETF. In such a situation, by 30 June next year, gold can reach Rs 85,000 per 10 grams. Buy only 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.
