Today, on Wednesday, the bullion market has released new prices for gold and silver, indicating a rise in gold prices by Rs. 220 and a significant decrease of Rs. 300 in silver prices compared to the previous rates. Following the latest updates, the price of 22-carat gold stands at Rs. 61,500, 24-carat gold at Rs. 67,080, and the price of 1 kilogram of silver at Rs. 77,200.
Let’s delve into the current rates of 18, 22, and 24-carat gold in various cities:
18-Carat Gold Prices
- Delhi: Rs. 50,250 per 10 grams
- Mumbai: Rs. 50,320 per 10 grams
- Kolkata: Rs. 50,190 per 10 grams
- Chennai: Rs. 50,910 per 10 grams
22-Carat Gold Prices
- Bhopal and Indore: Rs. 61,300 per 10 grams
- Jaipur, Lucknow, Delhi, Chandigarh: Rs. 61,500 per 10 grams
- Hyderabad, Kerala, Kolkata, Mumbai: Rs. 61,350 per 10 grams
24-Carat Gold Prices
- Bhopal and Indore: Rs. 66,850 per 10 grams
- Delhi, Jaipur, Lucknow, Chandigarh: Rs. 66,930 per 10 grams
- Hyderabad, Kerala, Bangalore, Mumbai: Rs. 67,080 per 10 grams
- Chennai: Rs. 67,800 per 10 grams
Current Price of 1 Kilogram of Silver
- Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: Rs. 77,200
- Chennai, Madurai, Hyderabad, Kerala: Rs. 80,200
- Bhopal and Indore: Rs. 77,200
It’s important to note that the purity of gold is identified by hallmarks issued by the Indian Standard Organization (ISO). Gold is typically sold in 20 and 22-carat purities, with some individuals also opting for 18-carat gold for jewelry. The hallmarks indicate the purity of gold, with 24-carat gold being 99.9% pure and 22-carat gold containing approximately 91% purity along with other metals like copper, silver, and zinc. While 24-carat gold is free from any impurities, it’s not suitable for making jewelry, so most jewelers deal in 18, 20, and 22-carat gold.
Please note that the provided gold and silver rates are indicative and do not include GST, TCS, and other charges. For accurate rates, it’s advisable to contact your local jeweler or jewelry shop.