Ranchi; The  price of gold was Rs 47,980.0 per 10 grams and the price of silver was Rs 69,340.0 per kg in Ranchi.

There has been a change in the prices of gold and silver in the bullion market of Ranchi comparatively. Today, the price of 24 carat gold here is Rs 47,980.0 per 10 grams, while the price of 22 carat gold is Rs 43,982.0 per 10 grams.

Gold fell by Rs 210.0 today as compared to yesterday .

The price of silver in the bullion market is Rs 69,340.0 per kg. Earlier the white metal was priced at Rs 69,540.0.

When buying jewelry, take special care of hallmarks. Hallmarking guarantees that the item sold by the shopkeeper to the customer is of the same carat as the jewellery. Hallmarking is done under the Bureau of Indian Standards Act. Hallmarking is the precise determination and official record of the proportionate content of that metal in precious metal materials. Hallmarking protects the interests of the buyers by helping them to identify the genuine and counterfeit gold. Gold and silver prices fluctuate constantly.

Apart from jewellery, people buy gold and silver for investment purposes. When demand increases, the price of gold and silver increases.

(Agencies)