On the occasion of Akshay Tritiya, the prices of gold and silver have witnessed a decline. As per the latest market updates:

• Gold has dropped by ₹322, bringing the price down to ₹95,689 per 10 grams.

• Silver is currently trading at ₹96,050 per kilogram.

• Gold and Silver Prices Drop on Akshay Tritiya, April 30:

   

  On Akshay Tritiya, the prices of gold and silver have seen a notable decline. According to the India Bullion and Jewelers Association (IBJA):

  • The price of 10 grams of 24-carat gold has dropped by ₹322, now standing at ₹95,689. Previously, the price was ₹96,011 per 10 grams.

  • The price of silver has decreased by ₹1,340, now priced at ₹96,050 per kilogram, down from ₹97,390 per kilogram.

  For reference, gold had reached an all-time high of ₹99,100 per 10 grams on April 21, and silver touched its peak at ₹1,00,934 per kilogram on March 28.

   

• Gold Prices in 4 Metros and Bhopal on Akshay Tritiya:

  On the occasion of Akshay Tritiya, here are the gold prices in major cities across India:

  • Delhi:

    • 10 grams of 22-carat gold: ₹89,900

    • 10 grams of 24-carat gold: ₹98,040

  • Mumbai:

    • 10 grams of 22-carat gold: ₹89,750

    • 10 grams of 24-carat gold: ₹97,910

  • Kolkata:

    • 10 grams of 22-carat gold: ₹89,750

    • 10 grams of 24-carat gold: ₹97,910

  • Chennai:

    • 10 grams of 22-carat gold: ₹89,750

    • 10 grams of 24-carat gold: ₹97,910

  • Bhopal:

    • 10 grams of 22-carat gold: ₹89,800

    • 10 grams of 24-carat gold: ₹97,940

  Why Akshay Tritiya is a Special Day for Gold Purchases:

  Akshay Tritiya is considered an auspicious day for buying gold in India. Many people purchase gold on this day, believing that it brings prosperity and good fortune. Moreover, some buy gold with the hope that it will be a valuable asset during challenging times.

  3Important Tips to Keep in Mind When Buying Gold:

  1. Buy Certified Gold Only: Always purchase gold that is certified by the Bureau of Indian Standards (BIS). Look for the BIS hallmark, which includes a 6-digit alphanumeric unique identification number called HUID (Hallmark Unique Identification Number), like AZ4524. This hallmark ensures that the gold is genuine and indicates its purity (in carats). For example, 24-carat gold is the purest form of gold but is too soft for making jewelry, so it is usually bought as bullion.

  2. Cross-Check the Price: Before buying gold, cross-check its weight and price from reliable sources, such as the India Bullion and Jewellers Association (IBJA) website. The price of gold varies based on the purity (24-carat, 22-carat, 18-carat), so ensure you are paying the correct amount. 24-carat gold is the purest, but it is often not used in jewelry due to its softness.

  3. Avoid Cash Payments, Always Get a Bill: When purchasing gold, it is better to avoid cash payments. Use UPI (like BHIM app) or digital banking options for payments. You can also use your debit or credit card. Always ask for a bill after the purchase, as this will serve as proof of transaction and protect you in case of any future disputes. If you're purchasing online, inspect the packaging to ensure that it is secure and genuine.