Gold and Silver Price at All Time High: Gold Price Increased By ₹ 1,048 to ₹ 87,891, Silver Became Costlier by ₹ 1,363 to ₹ 99,685 per kg | Price of gold and silver at all time high: Gold prices rose ₹ 1,048 to ₹ 87,891, silver ₹ 1,363 expensive and increased to ₹ 99,685 per kg.

The price of gold and silver has reached its all time high on Monday (March 17). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams 24 carat gold has increased by Rs 1,048 to Rs 87,891. Earlier, Gold made a high of Rs 86,843 on 13 March last week.

At the same time, one kg of silver has reached Rs 1,363 today to Rs 99,685 per kg. The price of silver was Rs 98,322 per kg on the last trading day of the previous week i.e. Thursday. Silver earlier made an all -time high of Rs 99,151 per kg on 23 October 2024.

Gold price in 4 metros

3 reasons for gold boom

Gold became expensive by Rs 11,729 from January 1 till now

This year i.e. from January 1 till now, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 87,891. That is, gold has become expensive by Rs 11,729 this year. At the same time, silver price has increased from Rs 86,017 per kg to Rs 13,668 to Rs 99,685.

Gold can go up to 90 thousand rupees this year

Ajay Kedia, director of Kedia Advisory, says that gold was to fall after a big rally, it has come. After the US, UK is getting support to gold due to reduction in interest rates and increasing geo political tension. At the same time, investment in Gold ETF is also increasing. This is also increasing the demand for gold. In such a situation, gold can reach 90 thousand rupees per 10 grams this year.

Buy certified gold

Always buy a certified gold of the Bureau of Indian Standard (BIS) hallmark. Gold has a 6 -digit hallmark code. It is called Hallmark Unique Identification Number ie Huid. This number alphanumeric means something like this- AZ4524. It is possible to find out how many carats a gold is through hallmarking.