There was a decline in the prices of gold and silver this week. Gold fell by Rs 1,216 in a week to Rs 1,50,263 per 10 grams. Before this, it was at Rs 1,51,479 last week i.e. on 25th April. At the same time, silver has fallen from 2,43,720 kg to Rs 2,40,331. That means its price reduced by Rs 3,389. Gold price according to carat Gold price in big cities of the country Source: goodreturns May 1, 2026 Gold becomes cheaper by ₹ 27 thousand from all time high Gold was bullish in the beginning of the year, but in recent weeks there has been a decline due to profit booking and Iran war. Silver crash: From ₹3.86 lakh to ₹2.37 lakh, silver was more volatile than gold and has come down sharply from the all-time high. Gold became cheaper by ₹ 26 thousand and silver by ₹ 1.46 lakh in 91 days Source: IBJA Note: Due to holiday on 1st and 2nd May, prices of gold and silver were not released. 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. 4 ways to identify real silver
Source link
[ad_3]
There was a decline in gold and silver this week: the price of silver decreased by ₹ 3389 to ₹ 2.40 lakh kg, gold became cheaper by ₹ 1216
