Gold prices today: Latest rates of 24-carat and 22-carat gold in major Indian cities
Know the current gold rates in New Delhi, Mumbai, Kolkata, and Chennai, and understand hallmarking for purity;
There is a constant fluctuation in the price of gold. On Thursday, the price of 24-carat gold increased from the previous close of Rs 86,143 to Rs 86,843. Know the latest price of 24-carat and 22-carat gold in major cities of India.
Gold prices in major Indian cities (₹ per 10 grams):
New Delhi
24-carat gold – ₹87,980
22-carat gold – ₹80,660
Mumbai
24-carat gold – ₹87,830
22-carat gold – ₹80,510
Kolkata
24-carat gold – ₹87,830
22-carat gold – ₹80,510
Chennai
24-carat gold – ₹87,830
22-carat gold – ₹80,510
Only 22 carat gold is used in making jewellery and this gold is 91.6 percent pure. But the effect is that by adulterating it, 89 or 90 percent pure gold is sold as 22-carat gold. That is why whenever you buy jewellery, take information about its hallmark. Information about hallmark and purity:
375 hallmark = 37.5% pure gold
585 hallmark = 58.5% pure gold
750 hallmark = 75.0% pure gold
916 hallmark = 91.6% pure gold (22 carat)
990 hallmark = 99.0% pure gold
999 hallmark = 99.9% pure gold (24 carat)
The hallmark number of all carats of gold is different. For example, 999 is written on 24-carat, 958 on 23-carat gold, 916 on 22-carat, 875 on 21-carat and 750 on 18-carat. This leaves no doubt about the purity. Carat gold means 1/24 percent gold, if your jewellery is of 22 carats then divide 22 by 24 and multiply it by 100.