On April 12, 2024, there has been a notable change in the prices of gold and silver once again. Today, on Friday, the rates for 22-carat gold stand at Rs 67,350, for 24-carat gold at Rs 73,460, and for 18 grams at Rs 55,100. Additionally, the price for 1 kilogram of silver is currently Rs 86,500.
For those considering buying gold or silver for weddings or other occasions, it’s crucial to be aware of today’s updated rates. The prices have witnessed a significant surge, with gold seeing an increase of Rs 1000 per 10 grams and silver rising by Rs 1500 per kilogram. Post the new rates, gold now stands beyond Rs 73,000, and silver has surpassed Rs 86,000.
Let’s delve into the fresh rates of 18, 22, and 24-carat gold across different cities
In Delhi’s Sarafa Bazaar, the price for 10 grams of gold is Rs 55,100, while in Kolkata and Mumbai, it’s Rs 54,980 and Rs 55,740 respectively.
Moving on to the rates for 22-carat gold
In cities like Bhopal and Indore, the price for 10 grams of gold is Rs 67,250, whereas in Jaipur, Lucknow, and Delhi’s Sarafa Bazaar, it stands at Rs 67,350. Meanwhile, in Hyderabad, Kerala, Kolkata, Mumbai, the price is trending at Rs 67,200.
For those interested in 24-carat gold
In Bhopal and Indore, the price for 10 grams of gold is Rs 73,350, while in Delhi, Jaipur, Lucknow, and Chandigarh’s Sarafa Bazaar, it’s Rs 73,460. In Hyderabad, Kerala, Bangalore, Mumbai, the price is Rs 73,310, and in Chennai, it’s Rs 74,240.
As for the price of 1 kilogram of silver
In Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi’s Sarafa Bazaar, it’s Rs 86,500, while in Chennai, Madurai, Hyderabad, and Kerala’s Sarafa Bazaar, it’s Rs 90,000. In Bhopal and Indore, the price remains at Rs 86,500.
Before purchasing gold, it’s essential to consider these 5 crucial factors
- Gold purity is identified by hallmarks issued by the Indian Standard Organization (ISO).
- Gold is commonly sold in 20 and 22-carat varieties, with some opting for 18-carat for jewellery.
- Hallmarks for different caratages are: 24-carat (999), 23-carat (958), 22-carat (916), 21-carat (875), and 18-carat (750).
- 24-carat gold is 99.9% pure, while 22-carat gold typically has about 91% purity.
- 22-carat gold often contains 9% other metals like copper, silver, zinc to make jewellery.
These prices mentioned are indicative and do not include GST, TCS, and making charges. For accurate rates, contact your local jeweller or jewellery shop.