BusinessGold Price Today (September 25); What is the price of gold and silver today? Economic news
So far this week, gold has become more expensive by Rs 1,167. (file photo)
The price of gold hit its all-time high today (September 25). According to the India Bullion and Jewelers Association (IBJA), on Wednesday, the price of 10 grams of 24-carat gold increased by Rs 496 to Rs 75,260. Earlier on Tuesday, its price was Rs 74,764 per ten grams. So far this week, gold has become more expensive by Rs 1,167.
There was also a sharp increase in the price of silver today. It became costlier by Rs 1,922 and reached Rs 90,324 per kg. Previously, silver was at Rs 88,402. This year, silver touched its all-time high of Rs 94,280 per kg on May 29.
Gold Price in 4 Metros and Bhopal
Delhi: The price of 10 grams of 22 carat gold is Rs 70,750 and the price of 10 grams of 24 carat gold is Rs 77,170.Mumbai: The price of 10 grams of 22 carat gold is Rs 70,600 and the price of 10 grams of 24 carat gold is Rs 77,020.Kolkata: The price of 10 grams of 22 carat gold is Rs 70,600 and the price of 10 grams of 24 carat gold is Rs 77,020.Chennai: The price of 10 grams of 22 carat gold is Rs 70,600 and the price of 10 grams of 24 carat gold is Rs 77,020.Bhopal: The price of 10 grams of 22 carat gold is Rs 70,050 and the price of 10 grams of 24 carat gold is Rs 77,700.
Gold can rise to Rs 78 thousand by the end of the year According to Anuj Gupta, head of commodities and currencies at HDFC Securities, a rise in gold and silver could be seen in the coming days. This year, gold can go up to Rs 78,000 per 10 grams. While silver can also reach Rs 1 lakh per kg.
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 ordered online, definitely check the packaging.