There is an increase in the price of gold today i.e. on 14th May. The price of 10 grams 24 carat gold has increased by Rs 382 to Rs 1.61 lakh. Today the price of 1 kg silver has fallen by Rs 370 to Rs 2.87 lakh. Gold has become costlier by Rs 28 thousand and silver by Rs 57 thousand this year. There are continuous fluctuations in the prices of gold and silver this year. So far in 2026, gold has become costlier by Rs 28 and silver by Rs 57 thousand. On December 31, 2025, 10g gold was at Rs 1.33 lakh, which has now reached Rs 1.61 lakh. At the same time, silver was Rs 2.30 lakh per kg, which has now reached Rs 2.81 lakh. During this period, on January 29, gold had made an all-time high of Rs 1.76 lakh and silver had also made an all-time high of Rs 3.86 lakh. Government has increased the import duty on gold and silver from 6% to 15%. The central government has increased the import duty on gold and silver from 6% to 15%. The government has imposed 10% basic custom duty and 5% Agriculture Infrastructure and Development Cess (AIDC) on gold. PM said twice – Do not buy gold for one year. PM Modi has appealed to the countrymen for two consecutive days (on May 10 and 11) not to buy gold for one year. The PM had said that there was a time when people used to donate gold in the interest of the country when there was a crisis. There is no need for donations today, but in the interest of the country, we have to decide that we will not buy gold jewelery if there is any program at home for the whole year. Our patriotism is challenging us to save foreign exchange and we have to accept this and save foreign exchange. While buying gold from jewellers, keep these 2 things in mind: 1. Buy only certified gold: Always buy certified gold with 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. Cross check the price: Cross check the exact weight of the gold and its price on the day of purchase from multiple sources (like the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat.
Source link
[ad_3]
Daily Latest News