Gold-Silver Price Today: Slight dip in gold prices this morning; check the rates for 18K, 22K, and 24K gold as well as silver in your city.
Gold-Silver Price Today: Here is the information regarding how gold prices have fluctuated today, August 5th. Details on silver rates are also provided here.
Gold-Silver Price Today: Rising inflation has put a strain on everyone's pockets. Despite this, purchasing gold and silver remains essential during festivals and special occasions. The situation becomes even more challenging if there is a wedding in the family. Let’s find out if today's gold and silver rates offer any relief to the common man. Here are the latest rates for gold and silver.
Comparison of yesterday's and today's gold rates—
| Gold (Purity) | Rate on August 4 (Per 10 Grams) | Rate on August 5 (Per 10 Grams) |
|---|---|---|
| Gold (24 Karat) | ₹144,000 | ₹143,990 |
| Gold (22 Karat) | ₹132,000 | ₹131,990 |
| Gold (18 Karat) | ₹108,000 | ₹107,990 |
What is the situation with silver?
Silver has offered some relief over the past few days. Rates have remained stable with no changes for quite some time. Today, silver stands at ₹2,34,900 per kilogram.
Precautions to take before buying gold—
When buying gold, first check for the BIS hallmark and the 6-digit alphanumeric HUID code. Additionally, verify the purity (karat) of the gold. Always purchase gold with a valid GST bill and do not forget to inquire about making charges and any hidden costs.
Precautions to take before buying silver—
If you are buying silver jewelry, you should verify its purity. Just like gold, the purity of silver determines its value. Always obtain a valid bill and check for the hallmark when purchasing silver. Note that making charges apply to silver as well, so ensure you are fully informed about them.
