Gold became costlier by ₹ 609 and reached Rs 1,26,666: Silver also became costlier by ₹ 1,619; This year gold became costlier by ₹ 50,500 and silver by ₹ 78,000

On October 17, gold had made an all-time high of Rs 1,30,874 and on October 14, silver had made an all-time high of Rs 1,78,100.

There is a rise in the prices of gold and silver today i.e. Friday 28th November. According to India Bullion and Jewelers Association (IBJA), 10 grams of gold has become costlier by Rs 609 and reached Rs 126666. Yesterday 10 grams of gold was worth Rs 1,26,057.

Silver has become costlier by Rs 1,619 and reached Rs 164286. Earlier the price of silver was Rs 1,62,667 per kg. On October 17, gold had made an all-time high of Rs 1,30,874 and on October 14, silver had made an all-time high of Rs 1,78,100.

Why are rates different in different cities?

IBJA gold prices do not include 3% GST, making charges and jewelers margin, hence rates vary from city to city. Many banks including Punjab National Bank use these prices to decide gold loan rates.

This year gold became costlier by ₹ 50,504 and silver by ₹ 78,269

• So far this year, the price of gold has increased by Rs 49,895. On December 31, 2024, 10 grams of 24 carat gold was worth Rs 76,162, which has now become Rs 1,26,666.
• The price of silver has also increased by Rs 76,650 during this period. On December 31, 2024, the price of one kg silver was Rs 86,017, which has now become Rs 1,64,286 per kg.

Keep these 2 things in mind while buying gold

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.

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.

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