The price of gold fell today i.e. Friday, 23 May. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 45 to Rs 95,471. Yesterday it was Rs 95,516 per 10 grams. At the same time, the price of silver has also increased by Rs 390 to Rs 96,909 today. Yesterday silver was Rs 96,519 per kg. Earlier, gold had made an all-time high of ? 99,100 on April 21 and ? 1,00,934 on March 28. The price of gold in 4 metros may 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 may reach $ 3,700 per ounce this year. If calculated as per international rates, the price of 10 gram gold in India can go upto Rs 1.10 lakh. This estimate has been issued by foreign investment bank Goldman Sachs. Buy only certified gold Always buy certified gold having 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.
