On April 19, gold prices rose in Gurgaon Sarafa Bazar.
Gold rose by Rs 180.0 to Rs 48,450.0 per 10 grams. On April 18, the price had closed at Rs 48,270.0.
Silver climbed by Rs 150.0 to Rs 70,280.0 per kg. The previous closing price was Rs 70,130.0 per kg.
Pay special attention to Hallmark when purchasing jewelry. Hallmarking guarantees that the goods sold by the shopkeeper to the customer are of the same carat, which Jinta has written on the jewelery. Hallmarking is done under the Bureau of Indian Standards Act.
Hallmarking is the precise determination and official record of the proportional content of that metal in precious metal materials. Hallmarking protects buyers by helping them identify real-counterfeit gold. There is a constant fluctuation in the price of silver and silver. Apart from jewelery, people buy gold and silver from the investment point of view. The price of gold and silver increases when demand increases.
India imports most of its consumption from gold abroad. Hence global movements and fluctuations in rupee prices against the dollar have an impact on gold and silver prices. India is the world’s largest gold importer. Large quantities of gold are sourced from abroad to meet the demand of the jewelery industry. India annually imports around 800-900 tonnes of gold.