Gold Rate Today (20 June 2024); What is the price of gold and silver today? Business News | Gold increased by Rs 810 to reach Rs 73,250: Silver also increased by Rs 1,500, one kg silver is available for Rs 94,000.

There is a rise in the prices of gold and silver today i.e. on 20th June. 10 grams of 24 carat gold has increased by Rs 810 to reach Rs 73,250. Yesterday its price was Rs 72,440 per ten grams. At the same time, one kg silver is being sold for Rs 94,000, increasing by Rs 1,500.

This year the price of gold has increased by Rs 9380 per 10 grams. At the beginning of the year it was at Rs 63,870. At the beginning of the year, silver was at Rs 72,160 per kg. That means, silver has increased by Rs 21,840 this year. Yesterday also silver had increased by Rs 1,500.

Gold price in 4 metros and Bhopal

Gold and silver prices are affected by global events
Fluctuations in the prices of gold and silver are affected by many things. Such as demand for gold around the world, variation in currency values ​​between countries, current interest rates and government rules related to gold trade. Additionally, global events such as the state of the global economy also affect gold and silver prices in India.

Keep these 4 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.