Gold Price Update: Great chance to buy cheap gold, know details here

New Delhi:

If you want to buy gold or gold jewelry, then there is important news for you. The first day of this trading week saw a slight rise in the price of gold.

On Monday,

the price of

gold rose by Rs 7 per ten grams to close at Rs 48,142. Gold had closed at Rs 48,135 on Friday, the last trading day. Silver, on the other hand, became cheaper by Rs 100 per kg and closed at Rs 61,759 per kg. 

Earlier on Friday,

the price of

silver had closed at 61859 per kg. Despite this boom, experts believe that people now have a better chance of buying cheap gold and silver. Because in the coming days, the prices of gold and silver may go up.

Fresh price of 14 to 24 carat gold

On Monday, the latest price of 24 carat gold was Rs 48,142 per 10 grams, 23 carat gold was Rs 47,949 per 10 grams, 22 carat gold was Rs 440,98 per 10 grams, 18 carat gold was Rs 36,107 per 10 grams and 14 carat gold was around Rs. 28163 per 10 grams.

Gold is selling around Rs 8065 per 10 grams cheaper than its all time high price. T

he price of

gold hit an all-time high in August 2020. At that time

the price of

gold had gone up to Rs 56,200 per ten grams. 

Silver, on the other hand, was getting cheaper from its highest level at around Rs 18,221 per kg. The highest price level of silver so far is Rs 79980 per kg.

Identify pure gold

Hallmark is given by ISO to identify the purity of gold. 999 on 24 carat gold jewelery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most gold is sold at 22 carats, while some people use 18 carats. The carat does not exceed 24, and the higher the carat, the purer the gold.

Find out the latest price of gold by giving a miss call

To know the retail rates of 22 carat and 18 carat gold jewelery you can give a missed call on 8955664433. Rates will be available via SMS shortly. You can also visit www.Ibja.Co for information on frequent updates.

Know how to check the purity of gold

If you want to check the purity of gold now, an app has been created by the government for this. With the BIS Care app, customers can check the purity of gold. With this app, you can not only check the purity of gold, but also make any complaint related to it.

Only buy gold after checking the hallmark

When buying gold, you must take care of its quality. Gold jewelry should be bought only after checking the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India to determine the hallmark. The Hallmark scheme deals with operations, rules and regulations under the Bureau of Indian Standards (BIS) Act.

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