As March begins, there has been a notable change in the prices of gold and silver. On the first day of March, there is a substantial increase in the prices of both gold and silver. On Friday, the prices of gold saw an increase of ₹300, bringing the new rate to ₹63,000, while silver prices rose by ₹300 to reach around ₹74,000.
Current Rates (per 10 grams)
- 22-carat gold: ₹58,050
- 24-carat gold: ₹63,310
- Silver (1 kg): ₹74,500
City-wise Gold Rates (per 10 grams)
- Bhopal and Indore: ₹58,000
- Jaipur, Lucknow, Delhi: ₹58,050
- Hyderabad, Kerala, Kolkata, Mumbai: ₹57,900
City-wise Gold Rates (per 10 grams)
- Bhopal and Indore: ₹63,000
- Delhi, Jaipur, Lucknow, Chandigarh: ₹63,310
- Hyderabad, Kerala, Bangalore, Mumbai: ₹63,160
- Chennai: ₹63,710
Silver Rates (per 1 kg)
- Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: ₹74,500
- Chennai, Madurai, Hyderabad, Kerala: ₹76,200
- Bhopal and Indore: ₹74,500
Purity of Gold
- 24-carat gold: 99.9% pure
- 22-carat gold: Approximately 91% pure (contains 9% other metals like copper, silver, zinc)
Hallmarks for Purity
- 24-carat gold jewelry is marked as 999
- 22-carat gold jewelry is marked as 916
It’s important to note that gold rates can vary based on factors like city, purity, and additional charges. Additionally, for jewelry, 18, 20, and 22-carat gold are commonly used, as 24-carat gold is too soft for making jewelry. Always check for purity hallmarks when purchasing gold.