The price of gold and silver fell today i.e. on 28 February (Friday). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 1,537 to Rs 84,056. Yesterday the price of gold was Rs 85,593. At the same time, gold has fallen by Rs 2,677 from its all-time high so far. On February 19, gold had made an all-time high of Rs 86,733. At the same time, the price of one kg of silver fell by Rs 1,568 today to Rs 93,480 per kg. Yesterday the price of silver was Rs 95,048 per kg. Silver has also become cheaper by Rs 5,671 from its high so far. Silver had made its all-time high on 23 October 2024, when it had reached Rs 99,151 per kg. Gold price in 4 metros and Bhopal: From January 1 till now, gold has become costlier by Rs 7,894. This year, i.e. from January 1 till now, the price of 10 grams of 24 carat gold has increased from Rs 76,162 to Rs 84,056 by Rs 7,894. At the same time, the price of silver has also increased from Rs 86,017 per kg by Rs 7,463 to Rs 93,480. At the same time, last year i.e. in 2024, gold became costlier by Rs 12,810. This year gold can go up to Rs 90 thousand. Ajay Kedia, director of Kedia Advisory, says that after a big rally, there was a fall in gold, which has already happened. Gold is getting support due to the reduction in interest rates by the UK after America and the increase in geopolitical tension. At the same time, investment in Gold ETF is also increasing. This is also increasing the demand for gold. In such a situation, this year gold can reach up to 90 thousand rupees per 10 grams. Buy only certified gold Always buy certified gold having 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.
