Gold hits an all-time high, 10 grams becomes ₹85,903: So far this year, it has become costlier by ₹9,741; Silver became cheaper by ₹ 1123 and reached Rs 94,410 per kg. Gold has reached a time high today i.e. on 11th February. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has increased by Rs 238 to Rs 85,903. Earlier yesterday, gold was at an all-time high of Rs 85,665 per ten grams.
At the same time, the price of silver decreased by Rs 1123 to Rs 94,410 per kg. A day earlier yesterday i.e. on 10th February, silver was at Rs 95,533. Silver made its all-time high on October 23, 2024, at Rs 00,151 per kg.
The price of 10 grams of 22-carat gold is Rs 80,600 and the price of 10 grams of 24-carat gold is Rs 88,080.
As per the speculations the Gold may go up to Rs 90 thousand this year.
Gold price in 4 metros and Bhopal
- Delhi: the price of 10 grams of 22-carat gold is Rs 80,750 and the price of 10 grams of 24-carat gold is Rs 88,080.
- Mumbai: The price of 10 grams of 22-carat gold is Rs 80,600 and the cost of 10 grams of 24-carat gold is Rs 87,930.
- Kolkata: The price of 10-gram 22-carat gold is Rs 80,600 and the price of 10-gram 24-carat gold is Rs 87,930.
- Chennai: The price of 10 grams of 22-carat gold is Rs 80,600 and the price of 10 grams of 24-carat gold is Rs 87,930.
- Bhopal: The price of 10 grams of 22-carat gold is Rs 80,600 and the price of 10 grams of 24-carat gold is Rs 88,080.
Ajay Kedia, Director of Kedia Advisory, says that gold was supposed to fall after a big rally, but it has already arrived. After America, Gold is getting support due to the UK cutting interest rates and increasing geopolitical tension. At the same time, investment in gold ETF is also increasing. Due to this, the demand for gold is also increasing. In such a situation, this year gold can reach Rs 90 thousand per 10 grams.
Buy only certified gold
Always buy certified gold bearing the hallmark of the Bureau of Indian Standards (BIS). There is a 6-digit hallmark code on gold. This is called a Hallmark Unique Identification Number i.e. HUID. This number is alphanumeric i.e. something like AZ4524. Through hallmarking it is possible to find out how many carats any gold is.