Mumbai49 minutes ago
- copy link
There is a fall in the prices of gold and silver today i.e. on 23rd April. According to India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has fallen by Rs 927 to Rs 1.51 lakh. Earlier on April 22, its price was Rs 1.52 lakh per 10 grams.
At the same time, one kg of silver has fallen by Rs 4,700 to Rs 2.43 lakh. Earlier on Tuesday its price was Rs 2.48 lakh per kg.
Gold became costlier by Rs 18 thousand and silver by Rs 14 thousand this year
- Gold has become costlier by Rs 18 thousand so far in 2026. On December 31, 2025, 10 grams of gold was at Rs 1.33 lakh, which has now reached Rs 1.51 lakh.
- This year silver has become costlier by Rs 13 thousand. On December 31, 2025, silver was Rs 2.30 lakh per kg, which has now increased to Rs 2.43 lakh.
- On January 29, gold had made a high of Rs 1.76 lakh and silver had made a high of Rs 3.86 lakh. That means gold has become cheaper by Rs 25 thousand and silver by Rs 1.42 lakh from the peak.
Keep these 2 things in mind while buying gold from jewelers
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 melts faster on real silver.
- Smell Test: Real silver has no smell. Fakes smell like copper.
- Cloth Test: Rub the silver with a white cloth. If a black mark appears then it is real.
Source link
[ad_3]
