Gold-Silver Rate Today: After the festive season, the markets are abuzz with wedding season activity. People are purchasing gold and silver on a large scale. If you are also planning to buy gold, it is crucial to have a good understanding of its purity and carats. This is because issues related to gold adulteration and quality often come to light during such times.
Before checking the price of gold in India, it is important to understand the difference between 24-carat and 22-carat gold. 24-carat gold is 100% pure gold, with no other metal mixed in it. On the other hand, 22-carat gold contains mixed metals like silver or copper, making it 91.67% pure.
Gold holds great significance in India and is one of the most important investments today. The value of gold in India has grown not only in the form of jewelry but also in the form of art and coins. This is why gold prices keep rising consistently.
Gold-Silver Prices Continue to Surge Across the Country
Today, the price of gold in India is ₹79,627 per 10 grams for 24-carat, ₹73,357 per 10 grams for 22-carat, and ₹60,020 per 10 grams for 18-carat. Additionally, keeping an eye on daily silver prices can help you make better investment decisions. Today, the price of silver in India is ₹939.52 per 10 grams, ₹9,395.20 per 100 grams, and ₹93,952 per kilogram.
Things to Keep in Mind Before Buying Gold
It is important to note that since July 1, 2021, hallmarking has become mandatory for gold. There are three marks on gold: the BIS logo, the purity grade, and a 6-digit alphanumeric code known as the HUID. 24-carat gold is the purest, but jewelry is typically not made from 24-carat gold. For jewelry, 18-carat to 22-carat gold is used. If you want to buy pure gold jewelry, make sure to check for the hallmark. If the jewelry does not have the hallmark, it is advisable not to buy it.
