Silver prices rise by ₹1,945 to ₹1.57 lakh per kg:Gold falls by ₹216 to ₹1.24 lakh per 10 grams; check gold prices in your city

Gold prices are down today on 12 November. According to the India Bullion and Jewelers Association (IBJA), 10 grams of gold has fallen by ₹216 to ₹1,23,913. Previously, the gold price was ₹1,24,129 per 10 grams. Meanwhile, silver has increased by ₹1,945 to reach ₹1,56,705 per kilogram. Previously, its price was ₹1,54,760 per kilogram. Gold had made an all-time high of ₹1,30,874 on 17 October and silver had made an all-time high of ₹1,78,100 on 14 October. IBJA’s gold prices do not include 3% GST, making charges and jewellers’ margin, therefore city rates are different from this. RBI uses these rates to determine Sovereign Gold Bond rates. Many banks use it to set gold loan rates. This year gold increased by ₹47,751 and silver by ₹70,688 Gold can go up to ₹1.25 lakh again
According to experts, gold prices may fluctuate in the coming days. However, the wedding season has started which will support gold prices. Due to this, its price may once again go up to ₹1.25 lakh in the coming days. Buy Only Certified Gold
Always buy certified gold with Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric like AZ4524. Hallmarking indicates how many carats the gold is.