Gold Price Today (7 December); What is the price of gold and silver today? Business News | Gold became cheaper this week, silver prices increased: Gold fell by Rs 553 to Rs 76,187, silver was being sold at Rs 90,820 per kg.

There has been a decline in gold prices this week. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. 29th November, gold was at Rs 76,740, which has now come down to Rs 76,187 per 10 grams (7th December). That means its price has decreased by Rs 553 this week.

At the same time, if we talk about silver, its price has been increasing this week. It was at Rs 89,383 last Saturday, which has now come down to Rs 90,820 per kg. In this way, its price has increased by Rs 1,437 this week. On October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681.

Gold price in 4 metros and Bhopal

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 a 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.