Gold and silver prices have fallen on April 28. According to the India Bullion and Jewellers Association (IBJA), 10 grams of 24-carat gold has decreased by ₹1,629 to ₹1.50 lakh. Earlier on Thursday, it was at ₹1.51 lakh. Meanwhile, the price of one kilogram of silver has decreased by ₹5,381 to ₹2.38 lakh. The price of silver yesterday, i.e., on April 27, was ₹2.49 lakh. Gold becomes ₹26,000 cheaper from all-time high Gold was bullish at the beginning of the year, but in recent weeks, there has been a decline due to profit booking and the Iran war. Crash in Silver: From ₹3.86 lakh to ₹2.38 lakh Silver witnessed more volatility compared to gold and has fallen sharply from its all-time high. Gold cheaper by ₹26,000 and silver by ₹1.48 lakh in 89 days Source: IBJA Keep these 2 things in mind when buying gold from jewelers 1. Buy only certified gold: Always buy certified gold with the Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric, something like this – AZ4524. Hallmarking indicates how many carats the gold is. 2. Cross-check the price: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the India Bullion and Jewellers Association website). The price of gold varies according to 24 carat, 22 carat and 18 carat. 4 ways to identify real silver Post navigation Share markets in India roughly unchanged:Banking pharma shares major draggers; oil on the rise Google inaugurates India’s largest AI data centre:Invests $15 billion for the project – one of the largest FDI in India’s history
