September 3, 2024: Festival season is approaching, starting in a few months. From Diwali to Navratri and then to wedding season, beautiful clothing and jewelry are a top choice for women. If you are planning to buy gold and silver jewelry, make sure to check the prices here.
Today, in the capital’s jewelry market, the price of 10 grams of 22-carat gold is recorded at ₹68,400, and the price of 10 grams of 24-carat gold is ₹71,820. Additionally, silver is being sold at ₹91,000 per kilogram.
Jewelry traders and members of the Indian Bullion Jewelers Association, like Manish Sharma, reported a drop in the prices of gold and silver. Silver has seen a decrease of ₹1,000, with today’s price at ₹91,000 per kilogram, down from ₹92,000 per kilogram yesterday evening (Monday).
Price Drop in Gold
Manish Sharma also noted a decline in the prices of 22-carat and 24-carat gold. Last evening, 10 grams of 22-carat gold was sold for ₹68,650. Today, its price is ₹68,400, reflecting a drop of ₹250. Similarly, on Monday, 10 grams of 24-carat gold was bought for ₹72,080, but today it is priced at ₹71,920, showing a drop of ₹260.
Things to Consider When Buying Gold
When purchasing gold jewelry, never ignore the quality. Always buy jewelry with a hallmark, which is a government guarantee of gold purity. The Bureau of Indian Standards (BIS) is the only agency in India that certifies hallmarks. Each carat of gold has a different hallmark, which you should check and understand before buying gold.