There is a fall in the prices of gold and silver today i.e. on 14th June. 10 grams of 24 carat gold has fallen by Rs 270 to Rs 71,890. At the same time, one kg of silver has become cheaper by Rs 200 and is being sold for Rs 90,500. This year, the price of gold has increased by Rs 8,020 per 10 grams. At the beginning of the year, it was at Rs 63,870. At the same time, silver was at Rs 72,160 per kg. That is, silver has increased by Rs 18,340 this year. Price of gold according to carat Price of gold in 4 metros and Bhopal Keep these 4 things in mind while buying gold 1. Buy certified gold Always buy certified gold with the hallmark of Bureau of Indian Standards (BIS). Under the new rule, from April 1, gold will not be sold without six-digit alphanumeric hallmarking. Just like there is a 12-digit code on the Aadhar card, similarly there will be a 6-digit hallmark code on gold. This is called Hallmark Unique Identification Number or HUID. This number can be alphanumeric i.e. something like this- AZ4524. Through hallmarking, it has become possible to find out how many carats a particular gold is. 2. Cross check the price Cross check the correct weight of the gold and its price on the day of purchase from many sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat. 24 carat gold is considered the purest gold, but jewellery is not made from it because it is very soft. Usually 22 carat or less carat gold is used for jewellery. Check the price according to carat like this: Suppose the price of 24 carat gold is 70 thousand rupees per 10 grams. That is, the price of one gram of gold is 7000 rupees. In such a situation, the price of 1 gram of 1 carat pure gold is 7000/24 i.e. 291 rupees. Now suppose your jewellery is made of 18 carat pure gold, then 18×291 means its price is 5,283 rupees per gram. Now the correct price of gold can be found by multiplying 5,283 rupees in the number of grams of your jewellery. 3. Do not make cash payment, take bill Cash payment can prove to be a big mistake while buying gold. It is better to make payment through UPI (like Bhim App) and digital banking. If you want, you can also make payment through debit or credit card. After this, do not forget to take the bill. If you have ordered online, then definitely check the packaging. 4. Know the reselling policy Many people see gold as an investment. In such a situation, it is important that you have complete information about the resale value of gold. Also, talk to the store employees about the buyback policy of the concerned jeweler.
