There was a big increase in gold and silver this week: Gold increased by ₹ 1,059 to ₹ 76,436, silver became costlier by ₹ 2,698 and was being sold at ₹ 87,831 per kg.

This week there has been an increase in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. December 20, gold was at Rs 75,377, which has now reached Rs 76,436 per 10 grams (December 28). That means this week its price has increased by Rs 1,059.

The price of silver was Rs 85,133 last Saturday, which has now reached Rs 87,831 per kg. In this way, its price has increased by Rs 2,698 this week. On October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681.

Gold price in 4 metros and Bhopal

• Delhi: The price of 10 grams 22 carat gold is Rs 71,500 and the price of 10 grams 24 carat gold is Rs 77,990.
• Mumbai: The price of 10 grams 22 carat gold is Rs 71,350 and the price of 10 grams 24 carat gold is Rs 77,840.
• Kolkata: The price of 10 grams of 22 carat gold is Rs 71,350 and the price of 10 grams of 24 carat gold is Rs 77,840.
• Chennai: The price of 10 grams 22 carat gold is Rs 71,350 and the price of 10 grams 24 carat gold is Rs 77,840.
• Bhopal: The price of 10 grams 22 carat gold is Rs 71,400 and the price of 10 grams 24 carat gold is Rs 77,890.

Gold can go up to Rs 85 thousand by June Ajay Kedia, Director of Kedia Advisory, says that gold was supposed to fall after a big rally, it has already arrived. After America, UK has cut interest rates. This will increase purchases of gold ETFs. In such a situation, by June 30 next year, gold can reach Rs 85 thousand per 10 grams.

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 i.e. HUID. This number is alphanumeric i.e. something like this – AZ4524. Through hallmarking it is possible to find out how many carats any gold is.

There is more news…