Today i.e. on Thursday (March 23), there was a tremendous rise in the prices of gold and silver in the bullion market. According to the website of the India Bullion and Jewelers Association (IBJA), gold has become costlier by Rs 555 to reach Rs 59,192 in the bullion market today.

Earlier on March 20, the all-time high was reached at Rs 59,671. According to experts, the rise in gold will continue in the coming days. Due to this, gold can go up to 65 thousand.

gold price by carat

silver crossed 69 thousand
If we talk about silver, then it has crossed 69 thousand. In the bullion market, it has become costlier by Rs 1,147 to reach Rs 69,368 per kg. On March 22, it was at 68,221 thousand. According to experts, silver can reach up to 73 thousand in the next one month.

Gold can go up to 65 thousand
Anuj Gupta, Vice President, IIFL Securities, says that gold is getting support due to the ongoing ups and downs in the stock market. Due to this, by the end of this year, gold can go up to 65 thousand rupees per 10 grams.

According to Ajay Kedia, director of Kedia Advisory, the gold super cycle that started in 2020 is still going on. Gold was estimated to reach 62,000 this year, but in the current circumstances it can reach 64,000.

Only six digit hallmarking gold will be sold from April 1
Under the new rule, gold will not be sold without six-digit alphanumeric hallmarking from April 1. Just like the Aadhaar card has a 12 digit code, similarly gold will have a 6 digit hallmark code. This is called Hallmark Unique Identification Number ie HUID.

This number can be alphanumeric i.e. something like this- AZ4524. Through this number it will be possible to find out how many carats a gold is. 940 centers have been set up to give trade mark on gold across the country. Now the four digit hallmarking will be completely stopped.