This week, the price of gold and silver fell. According to the website of India Bullion and Jewelers Association (IBJA), gold was at Rs 95,631 on last Saturday i.e. 26 April, which has now come down to Rs 93,954 per 10 grams on (3 May). That is, its price has decreased by Rs 1,677 this week. On the other hand, if we talk about silver, it was at Rs 97,684 last Saturday, which has now come down to Rs 94,125 per kg. In this way, its price has decreased by Rs 3,559 this week. The price of gold in 4 metros and Bhopal has come down by Rs 5,146 from its all-time high.
The price of gold has come down by Rs 5,146 from its all-time high in the last 11 days. On the other hand, if we talk about silver, its price has come down by Rs 6,809. Gold had made an all-time high of ?99,100 on 22 April and silver had made an all-time high of ?1,00,934 on 28 March. Keep these 3 things in mind while buying gold 1. 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. 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 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.
