On Thursday, gold became more expensive by Rs 288 per 10gm and closes at Rs 49894 per 10 grams. While on the last trading day, Wednesday, gold became the cheapest rupee 238 per ten grams and closes at Rs 49606 per 10 grams.
At the same time, silver has become more expensive than Rs 676 And closed at Rs 57343 per kilogram. Whereas, on the last trading day on Wednesday, silver became more expensive by Rs 313 Closed at Rs 56667 per kilogram.
Latest 14 to 24 karat gold prices
on Friday, 24 Gold karat has become more expensive by Rs 288 to rupees 49894 And the 23 karat gold rupee 287 to rupees 49,694. while, 22 Gold karat gold is more expensive than Rs 264 to rupees 45703 And the 18 karat gold rupee 216 to rupees 37421. 14 Gold karat gold is more expensive than Rs 168 And closed at Rs 29,188 per 10 grams.
Gold is cheaper at 6,300 rupees and silver at 22,600 rupees from the highest price ever
Even after this rally, gold is currently selling at around Rs cheaper 6306 per 10 grams from its all-time high. Gold reached an all-time high in August 2020. At that time gold cost Rs. 56,200 per ten grams. At the same time, silver is sold at a cheaper price of around Rs 23,626 per kilogram of the highest level. The highest level of silver ever is Rs 79,980 per kilogram.
Fluctuations in gold and silver prices in the global market
There is a fluctuation in the bullion market around the world including India. In such a situation, there is fluctuation in gold and silver prices all over the world.
Find out the latest gold price by giving a missed call
You can make a missed call .8955664433 For retail prices 22 carats and 18 karat gold jewelry. Quotes will be received via SMS in a short time. Besides this, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.
Here is how to check the purity of gold
The government has created an app to determine the purity of gold. With the BIS Care app, customers can check the purity of gold. Through this application, you can not only check the purity of gold but also make any complaint about it.
24 karat gold is the purest
24 karat gold is considered the purest. However, jewelry cannot be made from this gold because it is very soft. Therefore, 22 karat gold is mostly used in making jewelry. 24 karat gold is 99.9 percent pure and 22 karat is 91 percent pure. Jewelry is prepared by mixing 9% other metals such as copper, silver and zinc from 22 karat gold. While 24 karat gold is shiny, but it cannot be used to make jewelry. This is the reason why shopkeepers sell 22 karat gold jewellery.
Buy only gold with hallmark
While purchasing gold, customers should ensure its purity. Gold jewelry should be purchased only after seeing the hallmark. The hallmark is the government’s guarantee of gold purity. The Bureau of Indian Standards (BIS) is the only agency in India that defines the hallmark. The marking scheme operates under the Act, Rules and Regulations of the Bureau of Indian Standards.
Purity is directly proportional to carats
Hall marks are given by ISO to determine the purity of gold. 999 karat 24, 958 karat 23, 916 karat 22, 875 karat 21, and 750 karat 18. Most gold is sold as 22 karat, while some also use 18 karat. 24 karat is the primary standard. The higher the carat value, the higher the purity.
The difference between 22 karat and 24 karat gold
24 karat gold is 99.9 percent pure and 22 karat is 91 percent pure. Jewelry is prepared by mixing 9% other metals such as copper, silver and zinc from 22 karat gold. While 24 karat gold is shiny, it cannot be made into jewelry. That’s why most shopkeepers sell 22 karat gold.