Gold and silver prices have continued to fluctuate for some time. The price of gold reached Rs 80348 on Friday. At the same time, silver rate reached Rs 91211 per kg. Today is Saturday, so the market will remain closed, the same price will remain today. According to the website of India Bullion and Jewelers Association, gold-silver prices are as follows. 24 carat (999) gold is priced at Rs 80348 per 10 grams, 23 carat (995) gold is Rs 80026 per 10 grams. The price of 22 carat (916) gold is Rs 73599 per 10 grams. The price of 18 carat (750) gold is Rs 60261 per 10 grams. 14 carat (585) gold is Rs 47004 per 10 grams. 24 carat (999) silver is Rs 91211 per kg. Also, learn below what the current rate in your city is. Learn further, the latest value of 23 carats, 22 carats, 18 carats, as well as what is the current rate in your city.
How to check the gold hallmark?
The hallmark number of all carat gold varies. For example, 999 at 24 carats, 958 on 23 carat gold, 916 on 22 carats, 875 at 21 carats and 750 on 18. This does not make any doubt on its purity. Carat gold means 1/24 percent gold, if your jewelery is of 22 carat, then share 22 and multiply it by 100.
Know what is a gold hallmark
Only 22 carat gold is used to make jewelery and this gold is 91.6 percent purified. But the result is that 89 or 90 percent pure gold is sold to jewelers by adulterating it to jewelers. That is why whenever you buy jewelery, take information about its hallmark. If the gold hallmark is 375, this gold is 37.5 percent pure gold. On the other hand, if the hallmark is 585, then this gold is 58.5 percent pure. If it has 750 hallmarks, this gold is 75.0 percent pure. If the hallmark is 916, the gold is 91.6 percent pure. If the hallmark is 990, the gold is 99.0 percent pure. If the hallmark is 999 then gold is 99.9 percent pure.