Gold prices fall today, silver becomes expensive: Gold came at Rs 73,202, silver rose by Rs 869 to reach Rs 88,275 per kg
There is a slight decline in the price of gold today i.e. on 19 September. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 55 to Rs 73,202 on Thursday. Earlier its price was Rs 73,257 per ten grams.
Silver is on the rise today. It has risen by Rs 869 to reach Rs 88,275 per kg. Earlier, silver was at Rs 87,406. This year, gold has reached an all-time high of Rs 74,222 per 10 grams in May. Silver, on the other hand, reached Rs 94,280 per kg on 29 May.
Gold price in 4 metro cities and Bhopal
- Delhi: The price of 10 grams of 22 carat gold is Rs 68,400 and the price of 10 grams of 24 carat gold is Rs 74,600.
- Mumbai: The price of 10 grams of 22 carat gold is Rs 68,250 and the price of 10 grams of 24 carat gold is Rs 74,450.
- Kolkata: The price of 10 grams of 22 carat gold is Rs 68,250 and the price of 10 grams of 24 carat gold is Rs 74,450.
- Chennai: The price of 10 grams of 22 carat gold is Rs 68,250 and the price of 10 grams of 24 carat gold is Rs 74,450.
- Bhopal: The price of 10 grams of 22 carat gold is Rs 68,300 and the price of 10 grams of 24 carat gold is Rs 74,450.
So far this year, the price of gold has risen by more than 9,500 rupees. According to IBJA, so far this year, the price of gold has risen by Rs 9,850. On January 1, the price of gold was Rs 63,352, which has now reached Rs 73,202 per 10 grams. On the other hand, the price of one kg silver has increased from Rs 73,395 to Rs 88,275.
Keep these 3 things in mind while buying gold
1. Buy certified gold Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). There is a 6-digit hallmark code on gold. This is called Hallmark Unique Identification Number or HUID. This number is alphanumeric i.e. something like this- AZ4524. Through hallmarking, it is possible to find out how many carats a gold has.
2. Cross check the price Cross check the correct weight of the gold and its price on the day of purchase from multiple 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 pay in cash, take the bill. While buying gold, it is better to pay through UPI (like Bhim App) and digital banking instead of cash payment. If you want, you can also pay through debit or credit card. After this, do not forget to take the bill. If you have ordered online, then definitely check the packaging.
