New Delhi12 minutes ago
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The price of silver has reached all time high today (25 September). According to the India Bullion and Jewelers Association (IBJA), silver has increased by Rs 27 to Rs 1,37,067 per kg. Earlier it was at Rs 1,37,040.
At the same time, there is a decline in the price of gold today. 10 grams of 24 carat gold has fallen by Rs 50 to Rs 1,13,299. Earlier it was at Rs 1,13,349. On 23 September this month, Gold made an all -time high of Rs 1,14,314.
Gold this year became ₹ 37,137 and silver ₹ 51,050 expensive
So far this year, the price of gold has increased by Rs 37,137. On 31 December 2024, 10 grams 24 carat gold was Rs 76,162, which has now been Rs 1,13,299.
The price of silver has also increased by Rs 51,050 during this period. On 31 December 2024, the price of one kg of silver was Rs 86,017, which has now increased to Rs 1,37,067 per kg.
Keep these 2 things in mind while buying gold
1. Buy certified gold Always buy a certified gold of the Bureau of Indian Standard (BIS) hallmark. Under the new rule, gold will not be sold from April 1 without six digit alphanumeric hallmarking. Just as there is a 12 -digit code on the Aadhaar card, in the same way there will be a 6 -digit hallmark code on gold. It is called Hallmark Unique Identification Number ie Huid.
This number can be alphanumeric means something like this- AZ4524. It has become possible to find out through hallmarking how many carats a gold is.
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. Usually 22 carat or less carat gold is used for jewelery.
Check the price according to carat
Suppose the price of 24 carat gold is 60 thousand rupees per 10 grams. That is, one gram of gold cost 6000 rupees. In such a situation, 1 gram of gold with 1 carat purity was priced at 6000/24 i.e. 250 rupees.
Now suppose your jewelery is made of 18 carat pure gold, while 18×250 i.e. its price was Rs 4,500 per gram. Now, by multiplying by Rs 4,500 in all the grams of your jewelery, the correct price of gold can be extracted.
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