Today, both gold and silver prices witnessed a significant surge in the bullion markets. In Delhi’s Sarafa Bazaar, the price of 18-carat gold stands at ₹49,700 per 10 grams, while 22-carat gold is priced at ₹60,750 per 10 grams, and 24-carat gold is available at ₹66,260 per 10 grams. Similarly, silver is trading at ₹77,000 per kilogram.
Gold rates across various cities are as follows
In Mumbai, 18-carat gold is priced at ₹49,580 per 10 grams, while in Kolkata, it stands at the same rate. In Chennai, the price is slightly higher at ₹50,250 per 10 grams.
For 22-carat gold, the rates are as follows
In Delhi, it is priced at ₹60,750 per 10 grams, while in Mumbai and Kolkata, it is ₹60,600 per 10 grams. Chennai records a slightly higher rate at ₹61,350 per 10 grams.
As for 24-carat gold, the rates are
In Delhi, it is priced at ₹66,260 per 10 grams, while in Mumbai and Kolkata, it stands at ₹66,110 per 10 grams. Chennai records the highest rate at ₹66,930 per 10 grams.
In terms of silver prices, Delhi’s Sarafa Bazaar quotes ₹77,000 per kilogram, with similar rates observed in Mumbai and Kolkata. Chennai reports a slightly higher rate at ₹80,000 per kilogram.
It is important to understand the purity of gold. Here’s a breakdown
- 24-carat gold: 99.9% purity
- 22-carat gold: 83.3% purity
- 20-carat gold: 91.7% purity
- 18-carat gold: 75.0% purity
The surge in gold and silver prices indicates a dynamic market influenced by various economic factors. Investors and consumers alike are advised to stay updated with the latest trends to make informed decisions.