The increase in the price of gold was recorded in the wedding season! Know the condition of the bullion market for the whole week

Gold Silver Price Weekly: After the end of the festive season in India, the wedding season has started. In the months of November and December, there are going to be fierce weddings in India. In the last two years, due to the shadow of the corona epidemic, the business related to marriage was badly affected, but now after the corona is controlled, people can now enjoy this season as before. In such a situation, people buy gold and silver fiercely in this season.

In this trading week (from 31 October 2022 to 4 November 2022), both gold and silver prices have seen an increase. An increase of 42 per 10 grams has been registered in the price of gold. On the other hand, if we talk about the price of silver, it has seen a rise by Rs 1,405 per kg.

According to the information given on the official website of India Bullion and Jewelers Association ie IBJA, the price of 24 carat gold was 50,480 per 10 grams at the beginning of this trading week, which reached Rs 50,522 per 10 grams by the end of the week. On the other hand, when it comes to silver, its price has increased from Rs 57,350 per kg to Rs 58,755 per kg at the beginning of the week (Gold-Silver Price Weekly). It is worth noting that IBGA prices are applicable everywhere, but do not include taxes and making charges.

Gold Rate from 31 October to 4 November 2022- (per 10 grams)

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  • October 31 – Rs 50,480
  • November 01- Rs 50,691
  • 02 November – Rs 50,824
  • November 03- Rs 50,114
  • 04 November – Rs 50,522

Silver Rate from 31 October to 4 November 2022 – (Per 1 kg)

  • October 31 – Rs 57,350
  • November 01 – Rs 59,048
  • 02 November – Rs 58,627
  • November 03- Rs 57,049
  • 04 November – Rs 58,755

Before buying gold, check its purity like this –

Before shopping for gold this wedding season, make sure to check its purity. Nowadays, fake gold is also being found in the market. For this you can use BIS Care App. By entering the HUID number of gold on the app, you can check its purity. If any kind of adulteration or deficiency is found in gold, then you can also file a complaint for this by going to Complaints. Along with this, before buying gold, you should also check its hallmark thoroughly. Keep in mind that gold is available in 24 carat, 22 carat, 18 carat and 16 carat. Its price is decided according to the purity of gold.

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