If you’re considering buying gold or silver on the last day of the month, it’s crucial to be aware of the latest rates. As of April 30, 2024, there has been a significant change in the prices of both gold and silver. While there hasn’t been a major change in the price of gold, the price of silver has seen a decrease of 100 rupees. After the new prices, gold is priced at 72,000 rupees per 10 grams, and silver has crossed the mark of 83,000 rupees. Let’s explore the latest rates for 18, 22, and 24-carat gold in different cities.
Gold and Silver Price Today
As per the latest rates issued by the bullion market, on April 30, 2024, the price of 22-carat gold is trending at 66,700 rupees for 10 grams, while 24-carat gold is priced at 72,750 rupees, and 18-carat gold is at 54,570 rupees. The price for 1 kilogram of silver stands at 83,900 rupees.
18-Carat Gold Price Today
In the Delhi bullion market, the price for 10 grams of 18-carat gold is 54,570 rupees, while in Kolkata and Mumbai, it’s 54,450 rupees and 55,210 rupees, respectively.
22-Carat Gold Price Today
In cities like Bhopal and Indore, 10 grams of 22-carat gold are priced at 66,800 rupees, while in Jaipur, Lucknow, and Delhi, the price is 66,700 rupees. In Hyderabad, Kerala, Bangalore, Kolkata, Mumbai, and Chennai, the price ranges from 66,550 to 66,800 rupees.
24-Carat Gold Price Today
In cities like Bhopal and Indore, the price for 10 grams of 24-carat gold is 72,890 rupees, while in Delhi, Jaipur, Lucknow, and Chandigarh, it’s 72,750 rupees. In Hyderabad, Kerala, Bangalore, Mumbai, and Chennai, the price ranges from 72,600 to 73,530 rupees.
Today’s Silver Price
In cities like Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi, the price for 1 kilogram of silver is 83,900 rupees. In Chennai, Madurai, Hyderabad, and Kerala, the price is 87,500 rupees. In Bhopal and Indore, it’s also trending at 83,900 rupees.
Before purchasing gold, it’s essential to consider a few factors:
- Gold is typically sold in 20 and 22-carat forms, although some people also opt for 18-carat gold for jewelry.
- Jewelry made of 24-carat gold is rare, as it’s too soft for practical use. Therefore, most jewelers sell 18, 20, and 22-carat gold.
- The purity of gold is identified by hallmarks provided by the Indian Standard Organization (ISO), indicating the percentage of gold content.
- Gold with higher caratages like 24-carat gold is purer, while lower caratages like 22-carat gold contain small amounts of other metals like copper and silver for durability.
- 24-carat gold jewelry cannot be made due to its softness, hence jewelers predominantly sell 18, 20, and 22-carat gold.
These insights can help you make informed decisions when purchasing gold or silver.