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- Gold Price Today (24 July); What is the price of gold and silver today? Business News
New Delhi3 minutes ago
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After the reduction in the custom duty (import tax) on gold and silver in the budget, gold has become cheaper by Rs 4000 and silver by Rs 3600. The government has reduced the custom duty on gold and silver from 15% to 6% in the budget. This has led to this fall in prices.
The day after the budget, i.e. today on 24 July, gold has fallen by 408 rupees to 69,194 rupees. Yesterday it had fallen by 3600 rupees. On the other hand, silver has fallen by 22 rupees today to 84,897 rupees per kg. Yesterday there was a fall of 3600 rupees in silver.


Gold price in 4 metro cities and Bhopal
- Delhi: The price of 10 grams of 22 carat gold is Rs 65,100 and the price of 10 grams of 24 carat gold is Rs 71,010.
- Mumbai: The price of 10 grams of 22 carat gold is Rs 64,950 and the price of 10 grams of 24 carat gold is Rs 70,860.
- Kolkata: The price of 10 grams of 22 carat gold is Rs 64,950 and the price of 10 grams of 24 carat gold is Rs 70,860.
- Chennai: The price of 10 grams of 22 carat gold is Rs 64,900 and the price of 10 grams of 24 carat gold is Rs 70,800.
- Bhopal: The price of 10 grams of 22 carat gold is Rs 65,000 and the price of 10 grams of 24 carat gold is Rs 70,910.
Demand for gold will increase, prices will not fall much
According to commodity expert Ajay Kedia, this time in the budget, the custom duty on gold and silver has been reduced from 15% to 6%. Due to this, a decline in its price is being seen. But after the reduction in custom duty, the demand for gold will increase even more rapidly in the coming days.
Although gold and silver have fallen now, it can only be called a duty adjustment. Even if gold falls for a few days, it will cover it again. Considering the elections in America and global tensions, the prices of gold and silver will not fall much. This is a good opportunity to buy.
So far this year, the price of gold has increased by more than Rs 5,500
So far this year, the price of gold has increased by Rs 5,842 per 10 grams. At the beginning of the year, it was at Rs 63,352. Which is now at Rs 69,194 per 10 grams. On the other hand, silver was at Rs 73,395 per kg at the beginning of the year. Which has now reached Rs 84,897 per kg. That is, silver has increased by Rs 11,502 this year.
5,842 so far this year Gold has become expensive by Rupee
| date | gold price | Silver Price |
| 1 January | ₹63,352 per 10 gram | Rs 73,395 per kilogram |
| 24th July | ₹69,194 per 10 gram | Rs 84,897 per kilogram |
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.
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