BusinessGold Price Today (October 1); What is the price of gold and silver today? Economic news
Gold and silver prices rose today (October 1), Tuesday. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 200 to Rs 75,397. Earlier, its price was Rs 75,197 per ten grams.
There is also a rise in the price of silver today. It increased by Rs 838 to Rs 90,238 per kg. Previously, silver was at Rs 89,400. This year, silver touched its all-time high of Rs 94,280 per kg on May 29. While gold had reached a high of Rs 75,750 on September 26.
Gold Price in 4 Metros and Bhopal
Delhi: The price of 10 grams of 22 carat gold is Rs 70,650 and the price of 10 grams of 24 carat gold is Rs 77,060.Mumbai: The price of 10 grams of 22 carat gold is Rs 70,500 and the price of 10 grams of 24 carat gold is Rs 76,910.Kolkata: The price of 10 grams of 22 carat gold is Rs 70,500 and the price of 10 grams of 24 carat gold is Rs 76,910.Chennai: The price of 10 grams of 22 carat gold is Rs 70,500 and the price of 10 grams of 24 carat gold is Rs 76,910.Bhopal: The price of 10 grams of 22 carat gold is Rs 70,550 and the price of 10 grams of 24 carat gold is Rs 76,960.
Keep these 3 things in mind when buying gold
1. 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.
2. Check the price Check the correct weight of gold and its price on the day of purchase from several sources (such as the India Bullion and Jewelers Association website). The price of gold varies according to 24 carat, 22 carat and 18 carat. 24-karat gold is considered the purest gold, but it is not used for jewelry because it is very soft.
3. Don’t pay cash, take the bill While purchasing gold, it is better to make payment through UPI (like BHIM app) and digital banking rather than cash payment. If you wish, you can also make payment by debit or credit card. After that, don’t forget to take the bill. If you order online, definitely check the packaging.