Gold Price Update: Gold and silver are precious metals that have always been essential to our lives. Sometimes, on happy occasions, for investment, their shine attracts us. But nowadays, their prices are skyrocketing! They have been continuously increasing for the last few days, and this week, it seems like a record has been made!
The price increased so much in one week!
If we talk about the last week only, the price of 24-carat gold has increased by a full ₹ 2180! At the same time, 22-carat gold has also become expensive by ₹ 2000. On Friday, the price of gold reached ₹ 84699, while the previous rate was ₹ 84613. Silver is also not far behind; it is also being sold at the rate of ₹ 95391 per kg.
The market is closed today, but the rates will remain the same!
Today is Sunday, and the market is closed. Therefore, prices will remain stable today. However, you must know the rate if you are considering buying gold or silver.
Let’s know today’s rate:
(According to ibjarates.com website)
23-carat gold (995): ₹84699 per 10 grams
22-carat gold (916): ₹77585 per 10 grams
18-carat gold (750): ₹63524 per 10 grams
14-carat gold (585): ₹49549 per 10 grams
Silver (999): ₹93391 per kg
What is the rate of gold in your city?
Gold prices are slightly different in different cities. Let’s see the rates of some cities:
Chennai: 22K- ₹77040, 24K- ₹84040, 18K- ₹63640
Mumbai: 22K- ₹77040, 24K- ₹84040, 18K- ₹63030
Delhi: 22K- ₹77190, 24K- ₹84190, 18K- ₹63160
Kolkata: 22K- ₹77040, 24K- ₹84040, 18K- ₹63030
Ahmedabad: 22K- ₹77090, 24K- ₹84090, 18K- ₹63070
Jaipur: 22K- ₹77190, 24K- ₹84190, 18K- ₹63160
What does hallmark mean?
When you buy gold, look for a hallmark on it. This hallmark guarantees its purity. Different hallmarks mean different things. For example, a 916 hallmark means the gold is 91.6% pure.
Note: Sometimes, shopkeepers also sell adulterated gold. So always buy gold from a trusted shop and check the hallmark.