 Gold Price Update: If you also want to buy gold, silver or its jewelry, then there is good and important news for you. After creating the history of inflation, gold became cheaper on Monday. While silver prices registered a rise. At present, gold started selling at the rate of Rs 59715 per 10 grams and silver at the rate of Rs 71700 per kg. Let’s know the latest price.
On Monday, gold (Gold Price Update) became cheaper by Rs 36 per 10 grams and closed at Rs 59715 per kg. Whereas on the last trading day on Friday, Gold Price climbed at the rate of Rs 416 per 10 grams and closed at the level of Rs 59751 per 10 grams.
On Monday, unlike gold, the price of silver registered a rise. On Monday, silver closed at Rs 71700 per kg with a huge gain of Rs 118. Whereas on Friday, silver closed at Rs 71582 per kg with a jump of Rs 1582.
Latest 14 to 24 carat gold rateÂ
After this decline, 24 carat gold became cheaper by Rs 36 to Rs 59715, 23 carat gold became cheaper by Rs 415 to Rs 59476, 22 carat gold became cheaper by Rs 381 to Rs 54699, 18 carat gold became cheaper by Rs 312 to Rs 44786 and 14 carat gold became cheaper by Rs 312. Gold is trading cheaper by Rs 243 at Rs 34933 per 10 grams. Let us tell you that the gold and silver rates of MCX and the international market are tax-free, so there is a difference between the rates of the country’s markets.
Gold costlier by Rs 100 from all-time high, silver cheaper by Rs 8200
After this, gold is being sold costlier by Rs 118 per 10 grams from its all-time high. Let us tell you that earlier gold had made its all-time high on March 31, 2022. On that day gold had gone up to the level of Rs 59751 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 8398 per kg. The all-time high level of silver is Rs 79980 per kg.
Know the latest gold price by giving a missed call
To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.
Know the purity of gold like this
If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.
24 carat gold is the purest
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. That’s why mostly 22 carat gold is used in making jewelry or jewellery.
24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its jewelery cannot be made. That’s why most shopkeepers sell gold in 22 carat.
buy gold only after seeing the hallmark
While buying gold, customers must take care of its quality. Gold ornaments should be bought only after seeing the hallmark. Hallmark is a government guarantee for gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines hallmarks. The Hallmarking Scheme is governed by the Rules and Regulations under the Bureau of Indian Standards Act.
Hall marks are given by ISO to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Mostly gold is sold in 22 carat, while some people also use 18 carat. Carat does not exceed 24, and the higher the carat, the purer the gold.
Know what is the difference between 22 and 24 carat gold?Â
24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24K gold is luxurious, it cannot be made into jewellery. That’s why most shopkeepers sell gold in 22 carat.
