New Delhi38 minutes ago
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Earlier, gold made an all -time high of ₹ 99,100 on 21 April and silver on 28 March.
The price of gold is declining today i.e. May 12. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams 24 carat gold has come down by ₹ 2,023 to ₹ 94,393. The price of gold yesterday was ₹ 96,416 per 10 grams.
At the same time, the price of silver has increased by ₹ 191 to ₹ 95,917. Earlier, the price of silver was ₹ 95,726 per kg. Earlier, gold made an all -time high of ₹ 99,100 on 21 April and silver on 28 March.
In the past, after the rise in gold and silver prices, investors are now making profits by selling their gold. According to experts, there may be further decline in gold and silver in the short term in the coming days. However, after this, gold will rise again.
Gold price in 4 metros
- Delhi : The price of 10 grams 22 carat gold is Rs 88,930 and 10 grams 24 carat gold is priced at Rs 97,030.
- Mumbai: The price of 10 grams 22 carat gold is Rs 88,800 and 10 grams 24 carat gold is priced at Rs 96,880.
- Kolkata : The price of 10 grams 22 carat gold is Rs 88,800 and 24 carat 10 grams of gold is priced at Rs 96,880.
- Chennai : The price of 10 grams 22 carat gold is Rs 88,800 and 10 grams 24 carat gold is priced at Rs 96,880.
- Bhopal: The price of 10 grams 22 carat gold is Rs 88,850 and 10 grams 24 carat gold is priced at Rs 96,930.
Investors are booking profit in gold According to Ajay Kedia, director of Kedia Advisory, Gold has given a return of about 24% so far this year, in such a situation, investors are booking profits in gold. Due to this, there has been a selling in gold, which can continue for a few days. This can lead to gold and down in the coming days.
However, Jio Political Tension still remains, it is providing support to gold. At the same time, investment in Gold ETF is also increasing. Due to this, the demand for gold is increasing. Due to this, there will be a boom in gold in the log term.
18,231 so far this year Gold has become expensive This year i.e. since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 18,231 to Rs 94,393. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 9,900 to Rs 95,917. At the same time, gold became expensive by Rs 12,810 in 2024 last year.
Keep these 3 things in mind while buying gold
1. Buy certified gold Always buy a certified gold of the Bureau of Indian Standard (BIS) hallmark. Gold has a 6 -digit hallmark code. It is called Hallmark Unique Identification Number ie Huid. This number alphanumeric means something like this- AZ4524. It is possible to find out how many carats a gold is through hallmarking.
2. Cross check the price Cross the right weight of gold and the day of purchasing the price of it with many sources (eg India Bullion and Jewelers Association’s website). The price of gold varies according to 24 carats, 22 carats and 18 carats. 24 carat gold is considered the pure gold, but its jewelery is not formed, because it is very soft.
3. Do not pay cash, take a bill It is good to make payment through UPI (such as Bhima app) and digital banking instead of cash payment while buying gold. If you want, you can also pay through debit or credit card. After this, do not forget to take the bill. If ordered online, then check the packaging.
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