Today, on Wednesday, in the bullion market, the price trend of 22-carat gold is at INR 60,960 per 10 grams, and for 24-carat gold, it is at INR 66,490 per 10 grams. The price of 1 kilogram of silver is currently at INR 77,000.
Gold and Silver Price Trends Today, March 20, 2024
Gold and silver prices have been experiencing continuous fluctuations in the month of March. If you are considering buying gold or silver today, it’s essential to know the latest prices, as there has been a change in the market as soon as it opened.
Gold Prices on March 20
-
22-carat gold
- Bhopal and Indore: INR 60,850 per 10 grams
- Jaipur, Lucknow, Delhi: INR 60,950 per 10 grams
- Hyderabad, Kerala, Kolkata, Mumbai: INR 60,800 per 10 grams
-
24-carat gold
- Bhopal and Indore: INR 66,400 per 10 grams
- Delhi, Jaipur, Lucknow, Chandigarh: INR 66,480 per 10 grams
- Hyderabad, Kerala, Bangalore, Mumbai: INR 65,330 per 10 grams
- Chennai: INR 66,980 per 10 grams
Silver Price on March 20
- Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: INR 77,000 per kilogram
- Chennai, Madurai, Hyderabad, Kerala: INR 80,000 per kilogram
- Bhopal and Indore: INR 77,000 per kilogram
Notable Information about Gold Purity
- The purity of gold is identified by hallmarks issued by the Indian Standard Organization (ISO).
- Gold is usually sold in 20 and 22-carat purity, although some people also use 18-carat gold for jewelry.
- The purity marks on gold jewelry include 999 for 24-carat, 958 for 23-carat, 916 for 22-carat, 875 for 21-carat, and 750 for 18-carat gold.
- 24-carat gold is 99.9% pure, while 22-carat gold is approximately 91% pure, with the remaining 9% comprising other metals like copper, silver, and zinc.
- 24-carat gold does not contain any impurities and is available in coins, but it’s not suitable for making jewelry. Therefore, most jewelers sell 18, 20, and 22-carat gold.