Gold and silver prices rose on Friday (January 3). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 425 to close at Rs 77,504. Yesterday, i.e. on Thursday, the price of gold was Rs 77,079 per ten grams. At the same time, the price of silver increased by Rs 954 to Rs 88,121 today. Yesterday silver was Rs 87,167 per kg. Last year, 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. In 2024, gold gave a return of 20% and silver 17%. Last year, between January 1, 2024 and December 31, 2024, the price of gold increased by 20.22%. On January 1, 2024, the price of 24 carat 10 grams of gold was Rs 63,352, which increased by Rs 12,810 to Rs 76,162 in a year. At the same time, one kg of silver was being sold for Rs 73,395 on January 1, whose price increased by Rs 12,622 to Rs 86,017 on the last day of the year. The price of silver increased by 17.19% in a year. Gold price in 4 metros and Bhopal Pressure on gold due to reduction in interest rates According to currency head Anuj Gupta, recently the US Central Bank Federal Reserve has cut interest rates by 25 basis points (0.25%). Due to this cut, pressure is being seen on gold and silver for the last few days. However, in the coming days, gold and silver can see an increase again. In the next one year i.e. 2025, gold can go up to Rs 82 thousand per 10 grams. Silver can also reach up to 95 thousand rupees per kilogram. While buying gold, check the purity with hallmark. Buying gold is a very expensive deal, so there should be no compromise on quality while buying. To check this, it is necessary to see the hallmark. Hallmark is a government guarantee which is determined by the Bureau of Indian Standards (BIS). Here we will tell you how pure the gold you are buying is… 24 carat gold is considered the purest gold. But jewelry cannot be made from it, because it is very soft. Generally 22 carat gold is used for jewelry, which contains 91.66% gold. At the same time, 999 is written on 24 carat, 958 on 23 carat gold, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Always buy certified gold. Always buy certified gold with 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 like there is a 12-digit code on the Aadhar card, similarly there will be a 6-digit hallmark code on gold. 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 a gold is. —————————- Read this news too… 20% return expected from gold this year too: Tension in big countries, Trump’s aggressive stance will continue the rise in gold Will the rise in gold continue this year as well? This question is running fastest in the minds of common people. In fact, last year gold prices saw the fastest pace in any one year in the last decade. Gave more than 20% return. The reason for this was the purchase of gold by central banks around the world, geopolitical tensions, changes in monetary policies and consumer demand in major markets like India-China. Now this trend will continue this year and more than 20% returns are expected. Click here to read the full news…
