The price of silver reached an all-time high on Friday (July 11). According to the India Bullion and Jewelers Association (IBJA), the price of one kg silver has increased by Rs 2,356 to Rs 1,10,290 per kg. Yesterday it was at Rs 1,07,934. At the same time, the price of 24 carat gold has also increased today. It became costlier by Rs 465 and reached Rs 97,511 per 10 grams. On Thursday, the price of gold was Rs 97,046 per 10 grams. Earlier on June 18, silver had made an all-time high of ? 1,09,550 and gold ? 99,454. The price of 10 grams of gold in 4 metros has become costlier by ? 20,882 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 20,882 and reached Rs 97,046. At the same time, the price of silver has also increased from Rs 86,017 per kg to Rs 21,917 and reached Rs 1,07,934. At the same time, last year i.e. in 2024, gold became costlier by Rs 12,810. This year gold can go up to ? 1 lakh 3 thousand. Ajay Kedia, director of Kedia Advisory, says that geo-political tensions remain due to US tariffs. This is supporting gold. This is increasing the demand for gold. In such a situation, this year gold can go up to Rs 1 lakh 3 thousand per 10 grams. At the same time, silver can go up to Rs 1 lakh 30 thousand this year. 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.
