Gold and silver prices declined on November 20. According to the India Bullion and Jewellers Association (IBJA), gold fell ₹1,003 to ₹1,22,881 per 10 grams, down from the previous ₹1,23,884. Silver dropped ₹2,280 to ₹1,55,840 per kg, compared to its earlier price of ₹1,58,120. Gold had hit an all-time high of ₹1,30,874 on October 17, while silver touched a record ₹1,78,100 on October 14. IBJA gold prices exclude 3% GST, making charges, and jewellers’ margins, so actual city prices vary. The RBI uses IBJA rates to set Sovereign Gold Bond prices, and many banks use them to determine gold loan rates. Gold Up ₹46,719 This Year, Silver Rises ₹69,823 • Gold has become costlier by ₹46,719 so far this year. On December 31, 2024, 10 grams of 24-carat gold cost ₹76,162, which has now climbed to ₹1,22,881. • Silver has risen by ₹69,823 in the same period. Its price has gone up from ₹86,017 per kg on December 31, 2024, to ₹1,55,840 per kg today. Gold Prices May Fluctuate Experts expect some volatility ahead, but with the wedding season underway, demand is likely to support prices. Gold may again touch ₹1.25 lakh per 10 grams in the coming days. Buy Only Certified Gold Always purchase BIS-hallmarked gold. The hallmark, often an alphanumeric code like AZ4524, confirms the gold’s purity and caratage. Things You Should Know Regarding Gold Gold has given investors a 61% return this year. Here are some key facts related to gold in our country: World Gold Council Post navigation Class 11 student ends life after alleged teacher harassment:Suicide note claims teacher held her hand, beat her, and behaved inappropriately under pretext of punishment Adani Enterprises share may rise up to 20%:Gets creditors’ approval to acquire JP Associates; NCLT’s go-ahead also required
