Gold prices fell on Thursday, February 20, 2025. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold slid by ₹192 to ₹86,541. Earlier, the yellow metal had made an all-time high of ₹86,733. Silver prices also down on Thursday Silver prices are also down today. The price of one kilogram of silver has also fallen by ₹385 per unit as it reached ₹97,181 per kg. The white metal had made its all-time high on October 23, 2024, when it had climbed to ₹99,151 per kg. Precious metal prices in 4 metro cities and Bhopal Precious metal has become costlier by ₹10,379 since January 1 This year, from January 1 until now, the rate of 10 gm of 24 carat gold has increased by ₹10,379 from ₹76,162 to ₹86,541. Similarly, the price of the white metal has also increased by ₹11,164 from 86,017 per kg to 97,181 per unit. 3 things to keep in mind while buying gold: 1. Buy only certified gold Always buy certified gold with Bureau of Indian Standards (BIS) hallmark. Gold has a 6-digit hallmark code. This is called the Hallmark Unique Identification Number or HUID. This number is alphanumeric, like this – AZ4524. Through hallmarking, it is possible to determine the carats of the gold piece. 2. Cross-check the price Cross-check the correct weight of the precious metal and its price on the day of purchase from various sources (such as the India Bullion and Jewelers Association website). Its price varies according to 24 carats, 22 carats, and 18 carats. But, jewelry is not manufactured in 22 carat because of softness issues. 3. Do not make cash payments at shop, ask for bill While buying gold, it is better to make payments through UPI (like BHIM app) and digital banking instead of cash payments. If you wish, you can also make payments through debit or credit cards. After this, do not forget to take the bill. If you have ordered online, make sure that you properly check the packaging.