This week, the prices of gold and silver increased. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday, i.e. on May 3, gold was at Rs 93,954, which has now reached Rs 96,416 per 10 grams on May 10. That is, its price has increased by Rs 2,462 this week. And if we talk about silver, it was at Rs 94,125 last Saturday, which has now reached Rs 95,726 per kilogram. In this way, its price has increased by Rs 1,601 this week. Earlier, gold had made an all-time high of ? 99,100 on April 21 and silver had made an all-time high of ? 1,00,934 on March 28. Gold price in 4 metros and Bhopal: Gold has become costlier by Rs 20,254 so far this year
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 96,416 by Rs 20,254. At the same time, the price of silver has also increased from Rs 86,017 per kg to Rs 9,709 to Rs 95,726. At the same time, last year i.e. in 2024, gold became costlier by Rs 12,810. Gold can go up to ? 1.10 lakh by the end of the year
Due to the increasing trade war between the US and China and fears of recession, gold can reach $ 3,700 per ounce this year. If calculated according to the international rate, the price of 10 grams of gold in India can go up to Rs 1.10 lakh. Foreign investment bank Goldman Sachs has released this estimate. 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 has.
