Gold reached 52 thousand and silver 61 thousand, prices may increase further till Diwali. Gold Silver Price 8th October Update; Sona Chandi Ka Rate Per Gram Kya Hai In India Mumbai Delhi

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  • Gold Silver Price 8th October Update; Sona Chandi Ka Rate Per Gram Kya Hai In India Mumbai Delhi

New Delhi7 hours ago

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Gold and silver prices have seen a great rise this week. According to the website of India Bullion and Jewelers Association (IBJA), gold has risen by Rs 1,374 in the bullion market this week. The beginning of this week, i.e. on October 3, gold was at Rs 50,391, which is now at Rs 51765 per 10 grams.

gold price by carat

carat Price (Rs./10 gram)
24 51,765
23 51,558
22 47,417
18 38,824

Silver rises by more than three and a half thousand
This week too, silver has seen a rise of more than three and a half thousand rupees. This week silver has risen from Rs 57,268 to Rs 60,848 per kg. That is, its price has increased by Rs 3,580 this week.

Gold may become more expensive on Diwali
Ajay Kedia, director, Kedia Advisory, said that Indian wholesalers are paying a premium of $1-2 per oz on gold. It is $25-30 in China and $80 in Turkey. This is the reason why banks have sent India’s gold to these countries. Wholesalers in India will also buy gold by paying a premium of up to $8-10 due to increased demand during festivals. With this, gold can rise up to Rs 1000 per 10 grams till Diwali.

Buy gold only after seeing the hallmark
While buying gold, definitely consider its quality. It is best to buy gold by seeing the hallmark. Hallmark is a government guarantee. The Bureau of Indian Standards (BIS) is the only agency in India to determine the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulations.

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