Today, on Wednesday, the bullion market has released new rates for gold and silver, indicating a significant jump in gold prices and a considerable drop in silver prices. According to the latest rates issued on March 27th, 2024, the price of 22-carat gold is trending at ₹61,500, 24-carat gold at ₹67,080, and the rate for 1 kilogram of silver is ₹77,200.
If you’re considering buying gold or silver for a wedding or any other occasion, it’s essential to check the latest rates first. Today, March 27th, gold prices have seen an increase of ₹220 per gram, while silver prices have witnessed a drop of ₹300 per gram. After the new rates, the price of gold has reached around ₹67,000, and silver prices are close to ₹78,000 per kilogram.
Gold Rates in Major Cities
- In Delhi, the price of 10 grams of 18-carat gold is ₹50,250, in Mumbai it is ₹50,320, in Kolkata it is ₹50,190, and in Chennai, it is ₹50,910.
Silver Rates in Major Cities
- In Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi, the price of 1 kilogram of silver is ₹77,200, while in Chennai, Madurai, Hyderabad, and Kerala, it is ₹80,200. In Bhopal and Indore, the price remains at ₹77,200.
Difference Between 18, 22, and 24 Carat Gold
Gold jewelry is often available in 20 and 22-carat purity, while some people also use 18-carat gold for their ornaments. The purity of gold is identified by hallmarks issued by the Indian Standard Organization (ISO). The purity markings on gold jewelry denote 24-carat gold as 999, 22-carat gold as 916, and 18-carat gold as 750. While 24-carat gold is 99.9% pure, 22-carat gold contains around 91% purity, with the remaining 9% being other metals like copper, silver, or zinc.
The rates provided above are indicative and do not include GST, TCS, or other charges. For accurate rates, it’s advisable to contact your local jeweler or jewelry shop.