New Delhi: On Diwali today (Monday, October 20th), gold has become cheaper by about 3,000 rupees and silver by 9,000 rupees. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has fallen by 2,854 rupees to 1,26,730 rupees. Previously, on October 17th, gold had reached an all-time high of 1,29,584 rupees.
Silver prices also fell today. It fell by ₹9,130 to ₹1,60,100 per kg. Previously, silver was ₹1,69,230 per kg. Previously, on October 14th, silver reached an all-time high of ₹1,78,100. Since its record high, silver has fallen by ₹18,000.
Gold became costlier by ₹50,568 and silver by ₹74,083 this year.
So far this year, the price of gold has increased by ₹50,568. On December 31, 2024, 10 grams of 24-carat gold was priced at ₹76,162, which has now risen to ₹1,26,730.
The price of silver has also increased by ₹74,083 during this period. The price of one kilogram of silver, which was ₹86,017 on December 31, 2024, has now risen to ₹1,60,100 per kilogram.
Keep these 2 things in mind while buying gold
1. Buy only certified gold: Always buy certified gold that bears the Bureau of Indian Standards (BIS) hallmark. This number may be alphanumeric, such as AZ4524. Hallmarking indicates the caratage of the gold.
2. Cross-check the price: Cross-check the exact weight of the gold and its price on the day of purchase with multiple sources (such as the India Bullion and Jewellers Association website). Gold prices vary depending on 24 carat, 22 carat, and 18 carat.
Aries: The day will be auspicious...