Saturday , November 23 2024

Gold and silver prices continue to rise, right time to invest, know the rate of 22 and 24 carat?

951740 goldandsilver

Gold Silver Rate Today: These days wedding season is going on. In such a situation, everything seems incomplete without gold and silver. In fact, in the last few days, a record breaking increase in the price of gold has been seen. Despite this, some people are shopping. Therefore, first of all it is very important to know the purity of gold and its carat. Before knowing the price of gold in India, it is very important to know the difference between 24 carat and 22 carat gold.

24 karat gold is simply 100 percent pure gold without any adulteration of any other metal. Additionally, 22 karat gold is mixed with an alloy such as silver or copper. 22 carat gold contains 91.67 percent pure gold. Gold holds great importance in India and is currently one of the most important investments. The value of gold in India has increased not only in the form of jewelery but also in the form of art and coins. Therefore its prices keep increasing day by day.

Gold and silver prices continue to rise across the country

Today the price of 24 carat gold in India is ₹82,394 per 10 grams, 22 carat is ₹75,907 per 10 grams and 18 carat is ₹62,106 per 10 grams. Tracking daily silver prices can help you make better investments. Today silver price in India is ₹960.82 per 10 grams, ₹9,608.17 per 100 grams and ₹96,082 per 1 kg.

How to identify real gold?

Let us tell you that hallmarking has been made mandatory from July 1, 2021, there are three types of marks on gold. These include the BIS logo, purity grade and a 6 digit alphanumeric code also known as HUID. 24 carat gold is the purest but jewelery is not 24 carat gold. 18 to 22 carat gold is used for jewellery. If you want to buy pure gold jewellery, then definitely check the hallmark. If the jewelery is not hallmarked then gold should not be purchased.