Gold and silver prices are up on March 10. According to the India Bullion and Jewelers Association (IBJA), 10 grams of 24-carat gold has increased by ₹1,700 to reach ₹1.60 lakh. Previously, its price was ₹1.59 lakh per 10 grams. One kilogram of silver has increased by ₹13,000 to reach ₹2.73 lakh. Previously, its price was ₹2.60 lakh per kilogram. According to experts, on January 29, gold prices reached an all-time high of ₹1.76 lakh and silver prices reached ₹3.86 lakh. Since then, their prices have fallen significantly. Therefore, buying activity is being observed. Gold up by ₹27,000 and Silver by ₹42,000 this year Gold and silver prices have seen a surge this year. At the end of last year, gold was at Rs 1.33 lakh per 10 grams, which is now at Rs 1.60 lakh. This means its price has increased by ₹27,000 so far this year. Similarly, silver has also become more expensive by ₹24,000 during this period. Market will depend on US-Iran tensions Experts believe that the next move in gold and silver will depend on these two factors: Keep these 2 things in mind when buying gold from jewellers 1. 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. 2. Cross Check Prices: Cross check the correct weight of gold and its price on the day of purchase from multiple sources (like India Bullion and Jewellers Association website). The price of gold varies according to 24 carat, 22 carat and 18 carat. Post navigation Commercial LPG cylinder supplies halted in 8 states:MP, Rajasthan and others affected; hotels, restaurants willing to pay higher prices Indian airlines increase international flight fares by 15%:Jet fuel prices double due to rising crude oil rates amid Iran War
