Gold prices experience decline amid market fluctuations; check the rates on February 22

Gold prices have been experiencing continuous fluctuations. On Friday, the price of gold declined. Since the market remains closed on Saturday, the rates will stay unchanged for the day.

Price of gold and silver: According to India Bullion and Jewellers Association's website (ibjarates.com), the price of 24 carat gold fell to Rs. 86,092 as compared to the previous close of Rs. 86,520. Thus, the price of 22 carat gold became Rs. 78,860 per 10 grams.

Gold prices in different cities (Per 10 grams)

Delhi: 24 carat - ₹87,540 | 22 carat - ₹80,290

Mumbai: 24 carat - ₹87,740 | 22 carat - ₹80,240

Kolkata: 24 carat - ₹87,540 | 22 carat - ₹80,240

Chennai: 24 carat - ₹87,540 | 22 carat - ₹80,240

Ahmedabad: 24 carat - ₹87,590 | 22 carat - ₹80,290

Lucknow: 24 carat - ₹87,540 | 22 carat - ₹80,290

Jaipur: 24 carat - ₹87,540 | 22 carat - ₹80,290

Patna: 24 carat - ₹87,590 | 22 carat - ₹80,290

Hyderabad: 24 carat - ₹88,110 | 22 carat - ₹80,240

Gurugram: 24 carat - ₹87,540 | 22 carat - ₹80,290

Bengaluru: 24 carat - ₹87,770 | 22 carat - ₹80,450

Noida: 24 carat - ₹87,540 | 22 carat - ₹80,290

22 carat gold is used to make jewellery and this gold is 91.6 percent pure. But 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. To ensure authenticity, always check for the hallmark certification:

• 375: 37.5% pure gold

• 585: 58.5% pure gold

• 750: 75.0% pure gold

• 916: 91.6% pure gold (22-carat gold)

• 990: 99.0% pure gold

• 999: 99.9% pure gold (24-carat gold)

Before purchasing jewellery, verify its hallmark to ensure purity and avoid adulteration.

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