Gold and silver prices have fallen today (27 May). According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs. 661 to Rs. 95,152. Yesterday it was Rs. 95,813 per 10 grams. At the same time, the price of silver has also fallen by Rs. 872 to Rs. 96,525 today. Yesterday silver was Rs. 97397 per kg. Earlier, gold had made an all-time high of ?99,100 on 21 April and ?1,00,934 on 28 March. Gold price 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.
