Gold Price Today ( 4 September); What is the price of Sona Chandi today | Business News | Gold and silver fall for the fourth consecutive day: Silver slipped by ₹ 1,248 to ₹ 81,038 per kg, gold price fell by ₹ 214 to ₹ 71,280

Gold and silver prices have fallen for the fourth consecutive trading day today, i.e. 4 September. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 214 to Rs 71,280 on Wednesday. On Tuesday, its price was Rs 71,494 per ten grams.

Silver has fallen by Rs 1,240 to Rs 81,038 per kg. Earlier on Tuesday, silver was at Rs 82,278 per kg. This year, gold has reached an all-time high of Rs 74,222 per 10 grams in May. Silver, on the other hand, reached its all-time high of Rs 94,280 per kg on 29 May.

Gold price in 4 metro cities and Bhopal

Gold has increased by more than 8 thousand rupees so far this year According to IBJA, the price of gold has increased by Rs 7,928 so far this year. On January 1, gold was at Rs 63,352, which has now reached Rs 71,280 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 to Rs 81,038.

Gold can reach up to 74 thousand by the end of the year According to Anuj Gupta, Commodity and Currency Head of HDFC Securities, gold and silver may see a rise in the coming days. This year, gold may reach Rs 74 thousand per 10 grams. Silver may also reach Rs 87 per kilogram.

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 or HUID. This number is alphanumeric i.e. something like this- AZ4524. Through hallmarking, it is possible to find out how many carats a gold has.

2. Cross check the price Cross-check the exact 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 the purest gold, but jewellery is not made from it because it is very soft.

3. Do not make cash payment, take the 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, do not forget to take the bill. If you have ordered online, then definitely check the packaging.