Huge jump in the prices of gold and silver, gold became costlier by ₹ 5000 in 3 days, silver also took a big jump.

News India Live, Digital Desk: If you are planning to buy jewelery for the wedding season, then this news may disturb you a bit. In the bullion market, the prices of gold and silver have once again gained rocket speed. Within the last three days, the price of gold has seen a huge increase of up to ₹ 5,000, while silver has surprised everyone by making a record jump of ₹ 6,455 in a single day. Why has there been an earthquake in gold prices? Due to instability in the global market and sudden increase in demand, gold prices are skyrocketing in the Indian bullion market. Talking about 24 carat gold, its prices continued to rise for the third consecutive day. According to data, gold has become costlier by ₹ 5,000 per 10 grams in just 72 hours. Silver broke all records. The rise in silver prices has surprised investors and buyers. Silver prices have increased by ₹6,455 per kg in a single trading day. Industrial demand and low supply of silver in the global market are being considered as the main reasons for this rise. Today’s prices in major cities (With 3% GST) While buying jewelery in the retail market, you have to pay 3% GST on the base price and making charges separately. Given below are the approximate rates including GST:City24K Gold (per 10g)Silver (per kg)Delhi₹78,500*₹98,200*Mumbai₹78,350*₹98,100*Lucknow₹78,600*₹98,300*Jaipur₹78,550*₹98,250*Before Buying Keep these things in mind, definitely check the hallmark: Always buy gold with BIS Hallmark so that purity is guaranteed. Understand the difference in carat: 24 carat gold is considered best for investment and 22 carat gold for jewellery. Bargain on making charges: Do not forget to ask for discount on making charges while buying jewellery.