New Delhi, June 27: The price of gold has fallen by Rs 1,034 today i.e. Friday (27 June) to Rs 96,135 per 10 grams. Yesterday it was at Rs 97,159 per 10 grams.
According to the India Bullion and Jewellers Association (IBJA), the price of one kg silver has also come down by Rs 350 to ₹ 1,06,800. Yesterday one kg silver was ₹ 1,07,150 per kg.
On June 18, silver made an all-time high of ₹ 1,09,550 and gold made an all-time high of ₹ 99,454. This year, gold has become costlier by about ₹ 20 thousand. Similarly, the price of silver has also increased by about ₹ 21 thousand.
Price of 10 grams of gold in 4 metro cities
- Delhi: Price of 24 carat gold is ₹98,170 and price of 22 carat gold is ₹90,000
- Mumbai: Price of 24 carat gold is ₹98,020 and price of 22 carat gold is ₹89,850
- Kolkata: 24 carat gold price is ₹98,020 and 22 carat gold price is ₹89,850
- Chennai: Price of 24 carat gold is ₹98,020 and price of 22 carat gold is ₹89,850
This year gold can go up to ₹ 1 lakh 3 thousand
Ajay Kedia, Director of Kedia Advisory, says that geo-political tensions are still there. War has also started between Israel and Iran. This is giving support to gold. This is increasing the demand for gold. In such a situation, this year gold can go up to Rs 1 lakh 3 thousand per 10 grams. On the other hand, silver can go up to Rs 1 lakh 30 thousand this year.
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.