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Wednesday, 4 December, 2024

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Gold Price Today: Good News! Yellow Metal Prices Decline; Check Rates In Your City

Gold prices have been touching the sky recently during the festival season, and consumers are eager to grab the opportunity to buy it at lower prices. Gold rate today in India (22 carat) have taken a dip to Rs 72,750 per 10 gram (gm), according to Good Returns website. While, the 24-carat gold rate was quoted at Rs 79,360 per 10 gm.

Gold-Silver Prices
Gold-Silver Prices

Gold Price Today: Gold prices have been touching the sky recently during the festival season, and consumers are eager to grab the opportunity to buy it at lower prices. As the wedding season is on the edge, the demand for gold could drive prices back up at any moment. To take advantage of the current rates, check the gold and silver prices today before you buy.

Gold rate today in India (22 carat) have taken a dip to Rs 72,750 per 10 gram (gm), according to Good Returns website. While, the 24-carat gold rate was quoted at Rs 79,360 per 10 gm.

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As far as the yellow metal of 18-carat purity is concerned, its prices traded at Rs 59,520 per 10 gm on Sunday, November 10, 2024.  While, silver rates today have fallen down and are trading at Rs 94,000 per kg.

MCX Gold, Silver Price Today

In futures trade, gold contracts for December delivery traded at +0.03% higher at Rs 77,292 per 10 gm on the Multi Commodity Exchange at the time of writing this article. While silver contracts for December delivery traded in green at +0.00% at Rs 91,270 per 1 kg in the early morning trade on Friday.

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Gold, Silver Price Today

City

Gold Price (22 carat in Rs/gm)Silver Price (Rs/kg)
Delhi7,29094,000
Mumbai7,27594,000
Bengaluru7,27594,000
Chennai7,2751,03,000
Pune7,27594,000
Ahmadabad 7,28094,000
Kolkata7,27594,000
Hyderabad7,2751,03,000
Source: Good Returns

How To Check the Purity Of Gold

Here are a few tips to check the purity of the gold, if you are buying it this season.

  • Look for a hallmark: The best way is to look for the hallmark provided on it. 22 karat gold, also known as 916 gold, will have a hallmark stamp on the back of 916.
  • Check for the BIS Standard Mark: On all the jewelry, you can look for a triangle with the letters “BIS” to underneath to ensure the purity of the gold.
  • Perform an acid test: Can be performed under guidance, where you can test the gold with nitric acid to check its purity
    Colour Test: The yellow metal, Gold stays yellow always, it remains untarnished and retains its color. If your gold jewelry shows signs of fading or changes in color, it may not be pure.

ALSO READ: Dhanteras 2024: SGBs Vs Gold ETFs Vs Gold FoFs- What Are The Best Gold Investments?

HISTORY

Written By

Aishwarya Samant


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

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