Gold Price Today (19 July); What is the price of gold and silver today? Business News | Gold fell by ₹ 706 to ₹ 73,273: Silver slipped by ₹ 2,255 and was being sold at ₹ 89,300 per kg, see the price of gold according to carat.

There is a fall in the prices of gold and silver today i.e. on 19th July. According to the website of India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has slipped by Rs 706 to Rs 73,273. Yesterday its price was Rs 73,979 per ten grams.

There is a big fall in the prices of silver. One kg of silver slipped by Rs 2,255 and is being sold at Rs 89,300 per kg. Earlier, silver was at Rs 91,555 per kg. This year, silver had reached its all-time high of Rs 94,280 per share on May 29.

Gold price in 4 metros and Bhopal

Gold prices have increased by more than Rs 9,500 so far this year
So far this year, the price of gold has increased by Rs 9,921 per 10 grams. At the beginning of the year it was at Rs 63,352. Which is now at Rs 73,273 per 10 grams. At the beginning of the year, silver was at Rs 73,395 per kg. Which has now reached Rs 89,300 per kg. That means, silver has increased by Rs 15,905 this year.

9,921 so far this year Gold has become expensive in rupees

Source: India Bullion and Jewelers Association

Keep these 3 things in mind while buying gold

1. Buy only certified gold
Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). There is a 6 digit hallmark code on gold. This is called Hallmark Unique Identification Number i.e. HUID. This number is alphanumeric i.e. something like this – AZ4524. Through hallmarking it is possible to find out how many carats of 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 website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat. 24 carat gold is considered to be the purest gold, but jewelery is not made from it because it is very soft.

3. Do not pay cash, take bill
While buying gold, it is better to make payment through UPI (like BHIM app) and digital banking instead of cash payment. If you want, you can also make payment through debit or credit card. After this don’t forget to take the bill. If ordering online then definitely check the packaging.