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Rise in Gold and Silver Before Dhanteras: Gold Became Costlier by Rs 480 and Reached Rs 78,495

Gold Price

Just a day before Dhanteras i.e. on 28th October, there is a rise in the prices of gold and silver. According to data from India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by RS 480 to RS 78,495. Earlier, gold was at RS 78,015 per 10 grams.

At the same time, the price of silver also increased by RS 752 and it has reached the price of RS 96,552 per kg. Earlier, silver was at RS 95,800. At the same time, on October 23 this month, gold had made an all-time high of RS 78,703 and silver of RS 99,151.

Gold Price in Metros Cities

Gold

  • Delhi: The price of 10 grams 22 carat gold is RS 73,300 and the price of 10 grams 24 carat gold is RS 79,950.
  • Mumbai: The price of 10 grams 22 carat gold is RS 73,150 and the price of 10 grams 24 carat gold is RS 79,800.
  • Kolkata: The price of 10 grams of 22 carat gold is RS 73,150 and the price of 10 grams of 24 carat gold is RS 79,800.
  • Chennai: The price of 10 grams 22 carat gold is RS 73,150 and the price of 10 grams 24 carat gold is RS 79,800.
  • Bhopal: The price of 10 grams 22 carat gold is RS 73,200 and the price of 10 grams 24 carat gold is RS 79,850.

Gold Can go Up to RS 79 Thousand

Gold Price

  • According to Anuj Gupta, Commodity and Currency Head, HDFC Securities, gold is getting support due to geopolitical tension and the beginning of the festive season.
  • Due to this, an increase in gold and silver may be seen in the coming days. This year gold can go up to RS 79 thousand per 10 grams.
  • At the same time, silver can also reach RS 1 lakh per kg.
  • Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS).
  • There is a 6 digit hallmark code on gold. This is called Hallmark Unique Identification Number i.e. HUID.
  • This number is alphanumeric i.e. something like this – AZ4524. Through hallmarking it is possible to find out how many carats a gold is.
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