If you’re heading to the market to buy gold or silver today, it’s crucial to check the latest rates before stepping out. On Saturday, February 24, both gold and silver experienced substantial changes in prices, with gold witnessing an increase of ₹220 and silver seeing a rise of ₹400 per kilogram. Post these changes, the new rates for gold stand at ₹63,000, and silver has reached ₹74,000 per kilogram.
Today’s Rates – 24 February 2024
Gold Rates
22 Carat: ₹57,850 (per 10 grams)
24 Carat: ₹63,100 (per 10 grams)
18 Grams: ₹47,330
Silver Rates
₹74,900 per kilogram
City-wise Gold Rates for 22 Carat:
Bhopal and Indore: ₹57,650
Jaipur, Lucknow, Delhi: ₹57,850
Hyderabad, Kerala, Kolkata, Mumbai: ₹57,700
City-wise Gold Rates for 24 Carat:
Bhopal and Indore: ₹62,800
Delhi, Jaipur, Lucknow, Chandigarh: ₹63,100
Hyderabad, Kerala, Bangalore, Mumbai: ₹62,950
Chennai: ₹63,230
City-wise Silver Rates
Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: ₹74,900
Chennai, Madurai, Hyderabad, Kerala: ₹76,400
Bhopal and Indore: ₹74,900
It’s noteworthy to mention that the purity of gold is crucial when making a purchase. The Hallmark certification by the Indian Standard Organization (ISO) indicates the purity of gold. In general, 24-carat gold is 99.9% pure, while 22-carat gold is approximately 91% pure.
Understanding the caratage helps buyers make informed decisions. 22-carat gold, for instance, contains 9% other metals such as copper, silver, and zinc, which are added to make jewelry. In contrast, 24-carat gold is pure and is usually found in coins.
Before making any purchases, it is advisable to check with local jewelers or jewelry shops for precise rates, as the rates mentioned above are indicative and do not include GST, TCS, and other charges. Stay informed about the latest rates to make well-informed decisions while investing in precious metals.