New Delhi, August 5: There is an increase in the price of gold and silver today i.e. on August 5. According to the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold has increased by Rs 230 to Rs 1,00,397 per 10 grams. Earlier the price of gold was Rs 1,00,167.
The price of silver has increased by Rs 528 to Rs 1,12,428 per kg. Earlier, silver was at Rs 1,11,900. On July 23, gold had made an all-time high of Rs 1,00,533 and silver Rs 1,15,850.

Price of 10 grams of gold in 4 metros including Bhopal

This year, gold can go up to Rs 1 lakh 4 thousand
Ajay Kedia, Director of Kedia Advisory, says that geo-political tensions are prevailing due to US tariffs. This is supporting gold. This is increasing the demand for gold. In such a situation, gold can reach up to Rs 1 lakh 4 thousand per 10 grams this year. Silver can reach up to Rs 1 lakh 30 thousand this year.
Gold has become costlier by Rs 24,235 so far this year
This year, i.e. from January 1 till now, the price of 10 grams of 24 carat gold has increased from Rs 76,162 to Rs 1,00,397 by Rs 24,235. At the same time, the price of silver has also increased from Rs 86,017 per kg to Rs 1,12,428 by Rs 26,411. Whereas last year, i.e. in 2024, gold became costlier by Rs 12,810.
Buy only certified gold
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 or HUID. This number is alphanumeric i.e. something like this- AZ4524. Through hallmarking, it is possible to find out how many carats a gold has.
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