New Delhi2 minutes ago
- copy link
After remaining at all-time high for four consecutive days, there has been a big fall in the prices of silver and gold today on January 30. According to experts, the main reason for this is profit making in the market.
Gold has become cheaper by Rs 6,865 and silver by Rs 22,825 in a day. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has come down to Rs 1,68,475.
Earlier on Thursday, the price of gold was Rs 1,75,340/10g. At the same time, the price of one kg silver has come down to Rs 3,57,163 per kg. Earlier on Thursday its price was Rs 3,79,988 per kg.
Why are rates different in different cities?
IBJA gold prices do not include 3% GST, making charge, jewelers margin. Therefore the rates of cities are different from this. RBI uses these rates to decide the rates of Sovereign Gold Bond. Many banks use it to decide the rates of gold loan.
In the last 10 days, gold increased by ₹ 2,688 and silver by ₹ 7,527 every day.
| date | Gold Rate/10g | silver rate/kg |
| 16 January | ₹1,41,593 | ₹2,81,890 |
| 19 January | ₹1,43,946 | ₹2,93,975 |
| 20th January | ₹1,47,409 | ₹3,09,345 |
| 21 January | ₹1,54,227 | ₹3,19,097 |
| 22 january | ₹1,51,128 | ₹2,99,711 |
| 23 January | ₹1,54,310 | ₹3,17,705 |
| 27 January | ₹1,58,901 | ₹3,44,564 |
| 28 January | ₹1,64,635 | ₹3,58,267 |
| 29 January | ₹1,75,340 | ₹3,79,988 |
| 30 January | ₹1,68,475 | ₹3,57,163 |
Gold became costlier by ₹ 35,280 and silver by ₹ 1.27 lakh in 29 days
In just 29 days of January this year, the price of gold has increased by Rs 35,280. On December 31, 2025, the price of 10 grams of 24 carat gold was Rs 1,33,195, which has now become Rs 1,68,475.
At the same time, silver has become costlier by Rs 1,26,743. On December 31, 2025, the price of one kg silver was Rs 2,30,420, which has now reached Rs 3,57,163 per kg.
Keep these 2 things in mind while buying gold
1. Buy only certified gold: Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). This number can be alphanumeric i.e. something like this – AZ4524. Hallmarking shows how many carats the gold is.
2. Price Cross Check: Cross-check the correct 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.
4 ways to identify real silver
- Magnet Test: Real silver does not stick to magnets. If it sticks then it is fake.
- Ice Test: Place ice on silver. Ice will melt much faster on real silver.
- Smell Test: Real silver has no smell. Fakes may smell like copper.
- Cloth Test: Rub the silver with a white cloth. If a black mark appears then it is real.
Read this news also…
Indian households have more gold than the country’s GDP: 34,600 tonnes of gold worth ₹450 lakh crore, country’s GDP ₹370 lakh crore
The total value of gold held by Indian households has crossed $5 trillion (₹450 lakh crore). This figure is more than the country’s total GDP of 4.1 trillion dollars i.e. Rs 370 lakh crore. This has happened due to gold prices reaching record high. According to a report by Morgan Stanley, about 34,600 tonnes of gold is deposited in Indian homes.
Currently the value of gold is around Rs 1.38 lakh per 10 grams. Whereas in the international market, gold is trading beyond $ 4,500 per ounce (about 28 grams). If we convert it into rupees then its value is around Rs 1.30 lakh per 10 grams. Read the full news…
Source link
[ad_3]
