Due to global conditions, gold and silver prices have been fluctuating many times since last week. Along with this, due to the season of marriage, gold and silver are being bought fiercely in the bullion market. In such a situation, 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, in Bhopal, the capital of Madhya Pradesh, the price of 22 carat gold is Rs 48,730 per 10 grams and the price of 24 carat gold is Rs 51,170 per 10 grams.
In the bullion market of the capital Bhopal yesterday 22 carat gold was sold for Rs 48,730 per 10 grams, while 24 carat gold was sold at Rs 51,170 per 10 grams yesterday. That is, there is no increase in gold prices today.
According to Bank Bazar.com, if we talk about silver, then the silver which was being sold in Bhopal’s bullion market on Sunday at Rs 67,000 per kg, while today it will be sold at the price of 67,000.
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.
Know 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 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 carats.