Gold And Silver Price Update: Due to global conditions, gold and silver prices have been fluctuating many times since last week. In such a situation, there is a lot of buying of gold and silver in the bullion market. If you want to buy gold and silver or you want to invest in gold, then this is important news for you.
According to BankBazaar.com, today on Wednesday, in Bhopal, the capital of Madhya Pradesh, the price of 22 carat gold is Rs 47,780 per 10 grams and 24 carat gold is Rs 50,170 per 10 grams.
In the bullion market of Bhopal, yesterday (22K Gold) 22 carat gold was sold for Rs 47,880 per 10 grams, while (24K Gold) 24 carat gold was sold for Rs 50,270 per 10 grams. That is, today there was a slight decrease in the price of gold.
According to BankBazaar.com, if we talk about silver, then the silver which was being sold in Bhopal’s bullion market on Tuesday at Rs 63,000 per kg, while today it will be sold at a price of 62,500.
International Organization for Standardization Hallmarks are given by the International Organization for Standardization 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 of the gold is sold in 22 carats, while some people also use 18 carats. Carat is not more than 24, and the higher the carat, the purer the gold will be.
There is also a 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 the purest, let us tell you that 24 carat gold jewelery cannot be made. That’s why most of the shopkeepers sell gold in 22 carat.
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