Today, on April 16, 2024, there has been a decrease in the prices of gold and silver. The price of gold has decreased to 980 rupees per 10 grams, and there is a reduction in the price of silver to 1000 rupees per kilogram. After the new rates, the price of gold has crossed 74,000 rupees, and silver has crossed 87,000 rupees.
Current Rates
- In Delhi, the price of 10 grams of gold is 55,720 rupees, in Kolkata and Mumbai, it is 55,590 rupees, and in Chennai, it is 56,280 rupees.
- In Bhopal and Indore, the price of 10 grams of gold is 68,150 rupees, in Jaipur, Lucknow, and Delhi, it is 68,100 rupees, and in Hyderabad, Kerala, Kolkata, Mumbai, it is 67,950 rupees.
- In Bhopal and Indore, the price of 10 grams of gold is 72,450 rupees, in Delhi, Jaipur, Lucknow, and Chandigarh, it is 74,280 rupees, and in Hyderabad, Kerala, Bangalore, and Mumbai, it is 74,130 rupees. In Chennai, the price is 74,950 rupees.
- The price of 1 kilogram of silver in Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi is 87,000 rupees, while in Chennai, Madurai, Hyderabad, Kerala, it is 90,500 rupees. In Bhopal and Indore, it is also 87,000 rupees.
Before purchasing gold, it’s important to know a few things
- Gold purity is identified by hallmarks issued by the Indian Standard Organization (ISO).
- Gold is typically sold in 20 and 22 karats, although some people also use 18 karat gold for jewelry.
- The purity of gold jewelry is denoted by markings such as 999 for 24 karat, 958 for 23 karat, 916 for 22 karat, 875 for 21 karat, and 750 for 18 karat.
- 24 karat gold is 99.9% pure, while 22 karat gold is approximately 91% pure, with the remaining 9% comprising other metals like copper, silver, or zinc.
- 24 karat gold has no impurities and is usually found in the form of coins, while jewelry is typically made from 18, 20, or 22 karat gold due to its malleability.
These details are crucial to consider before making any gold purchases.