Today, on April 2, 2024, there has been a fluctuation in the prices of gold and silver. Gold and silver prices have increased by 10 to 100 rupees on Tuesday. After the new prices, the price of gold has reached around 70,000 rupees, and the price of silver is close to 79,000 rupees. Let’s take a look at the current rates of 18, 22, and 24 karat gold in different cities.
Gold and Silver Price Today, April 2, 2024
According to the latest rates released by the bullion market today, on April 2, 2024, the price of 22 karat gold is trending at 63,760 rupees, while 24 karat gold is priced at 69,540 rupees per 10 grams. Similarly, the price of 1 kilogram of silver is at 78,700 rupees.
Gold Prices in Major Cities
In Delhi, the price of 10 grams of 18 karat gold is 52,170 rupees, while in Kolkata and Mumbai, it is trading at 52,050 rupees and in Chennai, it is at 52,890 rupees.
For 22 karat gold, in cities like Bhopal and Indore, the price for 10 grams is 63,650 rupees, while in Jaipur, Lucknow, Delhi, and Chandigarh, it is at 63,760 rupees. In Hyderabad, Kerala, Kolkata, and Mumbai, it is around 63,610 rupees.
In major cities, the price of 24 karat gold is around 69,450 rupees in Bhopal and Indore, while in Delhi, Jaipur, Lucknow, and Chandigarh, it is 69,540 rupees. In Hyderabad, Kerala, Bangalore, and Mumbai, it is approximately 69,390 rupees.
The current price for 1 kilogram of silver is 78,700 rupees in cities like Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi. In Chennai, Madurai, Hyderabad, and Kerala, it is around 81,700 rupees, while in Bhopal and Indore, it remains at 78,700 rupees.
Understanding the Difference between 18, 22, and 24 Karat Gold
Gold purity is identified by hallmarks issued by the Indian Standard Organization (ISO). Gold is typically sold in 20 and 22 karats, while some people also use 18 karat gold for jewelry. For 24 karat gold jewelry, the hallmark is usually written as 999, 23 karat as 958, 22 karat as 916, 21 karat as 875, and 18 karat as 750. 24 karat gold is 99.9% pure, while 22 karat gold is approximately 91% pure. 22 karat gold jewelry contains 9% other metals like copper, silver, zinc to create jewelry. 24 karat gold does not have any alloy; it comes in coins, but jewelry cannot be made from it.
Hence, most jewelers sell 18, 20, and 22 karat gold. Note: The gold and silver rates mentioned above are indicative, and they do not include GST, TCS, and other charges. For accurate rates, contact your local jeweler or jewelry shop.