Gold Price Today: Gold Becomes Cheaper by Rs 4800 Before Karva Chauth. Will People Buy Now?

Gold Price Today: If you are now considering buying gold and silver jewelry, then this news is important for you. Because the prices of gold and silver have been seen fluctuating for the last several days. On October 12, today in the Indian bullion market, a fall of Rs 700 has been recorded in the price of gold. Today the business of 24 carat stopped at Rs 51,330 while the price of 10 grams of 22 carat gold has gone up to Rs 47,050.

Gold and silver become so much cheaper than all-time high

From the year 2020, at this time gold is cheaper by about Rs 6200 per 10 grams from its all-time high. In 2020, the price of gold was at the level of Rs 56,200 per 10 grams. At the same time, silver was selling at its highest level at Rs 79,980 per kg. And today silver is getting cheaper from its highest level at the rate of about Rs 25642 per kg. So this is a good opportunity for those who want to make gold and silver jewelry. Let us tell you that like the Indian market, gold is being traded in the international market too.

24 carat gold is purest

24-carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewellery is prepared by mixing 9% other metals like copper, silver, and zinc in 22-carat gold. While 24-carat gold is brilliant, it cannot be made into jewelry. That’s why most of the shopkeepers sell gold in 22 carats. 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. Therefore, 22-carat gold is mostly used in making jewelry or jewellery. 24-carat gold is 99.9 percent quality and 22 carats is about 91 percent pure.

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Know the purity of gold like this

If you now want to check the purity of gold, 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.

Buy gold only after seeing the hallmark

While buying gold, customers must take care of its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.

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Know what is the difference between 22 and 24 carat gold?

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 24 carat gold is brilliant, it cannot be made into jewelry. That’s why most of the shopkeepers sell gold in 22 carat.

Know the latest gold price by giving a missed call

You can give a missed call on 8955664433 to know the retail rates of 22 karat and 18 karat gold jewelry. Rates will be received through SMS in a short time. Along with this, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.

Gold Price and Silver Price in major cities of the country

Delhi

22ct Gold : Rs. 47,050, 24ct Gold: Rs. 51,330, Silver Price : Rs. 58900

Mumbai

22ct Gold : Rs. 46,900, 24ct Gold : Rs. 51,160, Silver Price : Rs. 58900

Kolkata

22ct Gold : Rs. 46,900, 24ct Gold : Rs. 51,160, Silver Price : Rs. 58900

Chennai

22ct Gold : Rs. 47,400, 24ct Gold : Rs. 51,710, Silver Price : Rs 64000

बंगलुरु (Bangalore)

22ct Gold : Rs. 46,950, 24ct Gold : Rs. 51,220, Silver Price : Rs 64000

अहमदाबाद (Ahmedabad)

22ct Gold : Rs. 46,950, 24ct Gold : Rs.51,220, Silver Price : Rs.58900

Pune

22ct Gold : Rs. 46,930, 24ct Gold : Rs.51,190, Silver Price : Rs. 58900

Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)

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