सोने-चांदी के दामों में गिरावट: सोना 71,717 रुपए पर आया, चांदी 130 रुपए गिरकर 84,783 रुपए प्रति किलो हुई

There is a slight decline in the prices of gold and silver today i.e. on 22 August. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 2 to Rs 71,717 on Thursday. On Wednesday, its price was Rs 71,719 per ten grams.

Silver has fallen by Rs 130 to Rs 84,783 per kg. Earlier on Wednesday, silver was at Rs 84,913 per kg. This year, gold has reached an all-time high of Rs 74,222 per 10 grams in May. Silver, on the other hand, reached an all-time high of Rs 94,280 per kg on 29 May.

gold price by carat

Gold price in 4 metro cities and Bhopal

Gold has increased by more than 8 thousand rupees so far this year
According to IBJA, the price of gold has increased by Rs 8,365 so far this year. On January 1, gold was at Rs 63,352, which has now reached Rs 71,884 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 to Rs 81,655.

Gold has become costlier by Rs 8,365 so far this year

Source: India Bullion and Jewelers Association

Keep these 3 things in mind while buying gold

1. Buy only 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 exact weight of 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. Do not make cash payment, take the bill
While buying gold, it is better to make payment through UPI (like Bhim App) and digital banking instead of cash payment. If you want, you can also make payment through debit or credit card. After this, do not forget to take the bill. If you have ordered online, then definitely check the packaging.