There was a drop in gold and silver prices on Diwali. Today, i.e. Thursday, October 31, the price of 10 grams of 24 carat gold decreased by Rs 24 to Rs 79,557. A day ago, the price of gold was Rs 79,581.
At the same time, silver price fell by Rs 1,370 and closed at Rs 96,670 per kg. Earlier, silver was at Rs 98,040.
In the same month, on October 23, silver had touched an all-time high of Rs 99,151. During trading on Wednesday, October 30, gold had touched an all-time high of Rs 79,681.
Gold Price in 4 Metros and Bhopal
Delhi: The price of 10 grams of 22 carat gold is Rs 74,700 and the price of 10 grams of 24 carat gold is Rs 81,480. Mumbai: The price of 10 grams of 22 carat gold is Rs 74 550 and the price of 10 grams of 24 carat gold is Rs. 81,330. Kolkata: 10 grams The price of 22 carat gold is Rs 74,550 and the price of 24 carat gold 10 grams is Rs. 81,330. Chennai: The price of 10 grams of 22 carat gold is Rs 74,550 and the price of 10 grams of 24 carat gold. is Rs 81,330. Bhopal: The price of 10 grams of 22 carat gold is Rs 81,330. The price is Rs 74,600 and the price of 10 grams of 24 carat gold is Rs 81,380.
Gold may rise to Rs 87,000 by next Diwali
According to Anuj Gupta, head of commodities and currencies at HDFC Securities, gold is receiving support due to geopolitical tensions and the start of the festive season. Due to this, an increase in gold and silver could be seen in the coming days. Next month, gold could reach Rs 87,000 per 10 grams.
Buy only certified gold
Always buy certified gold bearing the Bureau of Indian Standards (BIS) mark. There is a 6 digit hallmark code on the gold. This is called the Hallmark Unique Identification Number, i.e. HUID. This number is alphanumeric, that is, something like this – AZ4524. Thanks to hallmarking, it is possible to know the number of carats of gold.