Gold Rate Today
- The Indian Bullion Association has announced the latest rates for gold and silver in India. According to the latest market update, 22 carat gold is trading at Rs 55,856 per 10 grams and 24 carat gold is trading at Rs 60,978 per 10 grams.
- If you are looking to buy gold or silver, today might be a good day for you. The Indian Bullion Association announces the new rates for gold every day. The rates set by the association are recognized throughout the country. It is important to note that the price of gold may fluctuate based on its purity. Pure gold is priced higher and its purity is codified for reference.
Gold Purity and Current Prices
- Gold is available in the market in 18 carat, 20 carat, 22 carat, and 24 carat. Different carats of gold are given different codes based on their purity. 24 carat gold is known as 999 purity gold and is currently priced at Rs 60,978 per 10 grams.
- In addition, 995 purity gold is priced at Rs 67,340 per 10 grams. 22 carat gold is known as 916 purity gold and is priced at Rs 55,856 per 10 grams. 18 carat gold is known as 750 purity gold and is priced at Rs 45,734 per 10 grams. 14 carat gold, which is 585 purity gold, is priced at Rs 35,672 per 10 grams.
Current Silver Rate
- Pure silver with 999 purity is priced at Rs 73,210 per kilogram. The price of silver may also fluctuate in the market. Silver was trading at Rs 72,354 in the morning and Rs 72,855 in the evening. Currently, the silver rate in the market is Rs 73,210 per kilogram.
Choosing the Right Gold
- Gold with 999 purity is considered the best. This is 24 carat gold and is the most expensive. For jewelry purposes, gold ranging from 20 carat to 22 carat is preferred. Jewelry is made by mixing gold with other metals and its purity is slightly compromised. It is important to note that the price of gold may vary based on its design.