Is Today the Right Day to Buy Gold and Silver? Check Out the Latest Rates on February 21

Gold and silver enthusiasts, rejoice! Wednesday brings a change in the prices of these precious metals as the bullion market announces fresh rates. As of February 21, the gold rates are hovering around INR 57,490 for 22 karats and INR 62,700 for 24 karats per 10 grams. Meanwhile, the price of one kilogram of silver is at INR 75,400.

Let’s delve into the details of the latest rates for 22 and 24 karats gold and 1 kilogram of silver

Gold Rates on February 21, 2024

22 Karat Gold

Bhopal and Indore: INR 57,350 per 10 grams
Jaipur, Lucknow, Delhi: INR 57,490 per 10 grams
Hyderabad, Kerala, Kolkata, Mumbai: INR 57,340 per 10 grams
24 Karat Gold:
Bhopal and Indore: INR 62,400 per 10 grams
Delhi, Jaipur, Lucknow, Chandigarh: INR 62,700 per 10 grams
Hyderabad, Kerala, Bangalore, Mumbai: INR 62,550 per 10 grams
Chennai: INR 63,280 per 10 grams

Silver Rate on February 21, 2024

Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: INR 75,400 per kilogram
Chennai, Madurai, Hyderabad, Kerala: INR 76,900 per kilogram
Bhopal and Indore: INR 75,400 per kilogram

Insights on Gold Purity

The purity of gold is identified by the Hallmark provided by the Indian Standard Organization (ISO).
24 karat gold is 99.9% pure, while 22 karat gold is approximately 91% pure.
22 karat gold may contain 9% other metals like copper, silver, and zinc to make jewelry.
24 karat gold is free from any impurities, making it suitable for coins, but not for jewelry.
Please note that the mentioned rates are symbolic and do not include GST, TCS, or other charges. For accurate prices, it is advisable to contact your local jeweler or visit a jewelry store.

So, if you’ve been contemplating a purchase, today might just be the golden opportunity you’ve been waiting for. Happy shopping!