Today, on April 1, 2024, Monday, the prices of gold and silver have seen a significant rise. The price of gold has surged to ₹70,000 per 10 grams, while the price of silver has reached around ₹79,000 per kilogram after the new price adjustments.
Current Prices of Gold and Silver
As per the latest rates released by the bullion market on April 1, 2024, the price trends for different purities of gold are as follows:
- 22 Carat Gold: ₹63,750 for 10 grams
- 24 Carat Gold: ₹69,530 for 10 grams
- 18 Carat Gold: ₹52,160 for 10 grams
Additionally, the price of silver stands at ₹78,600 per kilogram.
City-wise Rates for Gold
For 18 carat gold, the rates in major cities are as follows:
- Delhi: ₹51,350 for 10 grams
- Mumbai: ₹51,460 for 10 grams
- Kolkata: ₹51,600 for 10 grams
- Chennai: ₹51,340 for 10 grams
City-wise Rates for 22 Carat Gold
For 22 carat gold, the rates in different cities are as follows:
- Bhopal and Indore: ₹63,600 for 10 grams
- Jaipur, Lucknow, Delhi, and Chandigarh: ₹63,750 for 10 grams
- Hyderabad, Kerala, Kolkata, Mumbai: ₹63,600 for 10 grams
City-wise Rates for 24 Carat Gold
For 24 carat gold, the rates in different cities are as follows:
- Bhopal and Indore: ₹69,400 for 10 grams
- Delhi, Jaipur, Lucknow, and Chandigarh: ₹69,530 for 10 grams
- Hyderabad, Kerala, Bangalore, Mumbai: ₹69,380 for 10 grams
- Chennai: ₹70,420 for 10 grams
Current Price of Silver
For silver, the rates per kilogram in various cities are:
- Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: ₹78,600
- Chennai, Madurai, Hyderabad, Kerala: ₹81,600
- Bhopal and Indore: ₹78,600
Understanding the Difference Between 18, 22, and 24 Carat Gold
- 24 carat gold is considered the purest form, with a purity of 99.9%.
- 22 carat gold contains approximately 91% purity, with the remaining 9% comprised of other metals like copper, silver, or zinc for making jewelry.
- 18 carat gold has a purity of 75% and is commonly used for jewelry making due to its durability.
It’s essential for buyers to consider their preferences, budget, and the purpose of purchase before investing in gold or silver. Additionally, staying updated with current market trends and prices can help make informed decisions regarding precious metal investments.