Gold gets cheaper by Rs 4700, buy 10 grams at Rs 30081

0
9


New Delhi: If you are also planning to buy gold or gold jewellery, there is some important news for you. An increase in the price of gold was recorded today. While a decrease in the price of silver was also recorded. Gold currently sells for around Rs 51,500 for 10 grams. While silver around Rs 55,000 per kg Gold became cheaper by about Rs 4,700 and silver for Rs 24,900 from its all-time high.

On Monday, gold became dearer by Rs 25 per 10 grams and closed at Rs 51,421 for 10 grams. While on the last trading day, Monday, gold fell by Rs 406 per ten grams and closed at Rs 51,396 for 10 grams.

At the same time, silver became cheaper by Rs 110 and closed at Rs 55,000 per kg While, on the last day of trading on Monday, silver fell by Rs 771 and closed at Rs 55,110 per kg

Latest gold price from 14 to 24 carats

Friday, 24 carat gold has become costlier by Rs 25 to Rs 51,421 i 23 carat gold for Rs 25 to Rs 51,215. In the meantime, 22 carat gold became dearer by Rs 23 to Rs 47,102 i 18 carat gold for Rs 19 to Rs 38,566. 14 carat gold became dearer by Rs 14 and closed at Rs 30,081 for 10 grams.

Gold cheaper at Rs 4,700 and silver at Rs 24,900 all time

Even after this increase, gold is currently selling cheaper at around Rs 4,779 by 10 grams than its historical maximum. Gold hit its all-time high in August 2020. At that time, gold was priced at Rs 56,200 for ten grams. At the same time, silver is selling at a cheaper price of about Rs 24,980 per kg from its highest level. The highest silver level in history is Rs 79,980 per kg

The fluctuation of the price of gold and silver in the international market

There is a volatile situation in the bullion market all over the world including India. In this situation, there is a fluctuation in the price of gold and silver all over the world.

Find out the latest gold price by making a missed call

You can make a missed call 8955664433 to find out the retail rates of 22 carat and 18 carat gold jewelry. Fees will be received by SMS shortly. Along with this, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.

Here’s how to check the purity of gold

The government has made an application to determine the purity of gold. With the BIS Care app, customers can check the purity of their gold. Using this app you can not only check the purity of gold but also make any complaint related to it.

24 carat gold is the purest

24 carat gold is considered the purest. However, jewelry cannot be made from this gold because it is very soft. Therefore, 22 carat gold is mainly used in jewelry making. 24 karat gold is 99.9 percent pure and 22 karat is about 91 percent pure. The jewelery is prepared by mixing 9% of other metals such as copper, silver and zinc with 22 carat gold. While 24 carat gold is shiny but it cannot be used to make ornaments. This is the reason why shopkeepers sell gold jewelery in 22 carat.

Buy gold only by stamp

When buying gold, customers must ensure its purity. Gold jewelry should only be purchased after seeing the badge. The hallmark is the government’s guarantee of the gold’s purity. The Bureau of Indian Standards (BIS) is the only agency in India that determines the badge. The marking scheme works as per the Act, rules and regulation of Bureau of Indian Standards.

Purity is directly proportional to carat

Pass marks are given by ISO to identify the purity of gold. 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most gold is sold in 22 karat, while some people also use 18 karat. 24 carats is the apex standard. The higher the carat value, the greater the purity.

Difference between 22 and 24 carat gold

24 karat gold is 99.9 percent pure and 22 karat is about 91 percent pure. The jewelery is prepared by mixing 9% of other metals such as copper, silver and zinc with 22 carat gold. Although 24 karat gold is shiny, it cannot be made into jewelry. This is why most shopkeepers sell gold in 22 carats.



Read full article here

Leave a Reply