Gold Price Update: If you also want to buy gold, silver or its jewellery on Baisakhi, then this is important news for you. The price of gold and silver continues to fluctuate continuously. The situation is that gold has once again reached its highest ever price. The price of gold has reached the level of Rs 60880 per 10 grams, creating a new record of inflation. On the other hand, silver has jumped and silver is at the rate of Rs 75869 per kg.
On Thursday, gold (Gold Price Update) became costlier by Rs 267 per 10 grams and closed at a new record of inflation at Rs 60880 per kg. Whereas, on the last trading day on Wednesday, Gold Price was costlier by Rs 223 per 10 grams and closed at the level of Rs 60613 per 10 grams.
On Thursday, along with gold, the price of silver also registered a rise. On Thursday, silver closed at Rs 75869 per kg with a huge gain of Rs 929. Whereas on Wednesday, silver fell by Rs 524 to close at Rs 74940 per kg.
Latest 14 to 24 carat gold rate
After this, 24 carat gold became costlier by Rs 267 to Rs 60880, 23 carat gold by Rs 266 to Rs 60636, 22 carat gold by Rs 244 to Rs 55766, 18 carat gold by Rs 200 to Rs 45660 and 14 carat gold by Rs 200. 156 costlier and is trading at the level of Rs 35615 per 10 grams. Let us tell you that the gold and silver rates of MCX and the international market are tax-free, so there is a difference between the rates of the country’s markets.
Gold costlier by Rs 200 from all-time high, silver cheaper by Rs 4000
After this, gold is selling cheaper than its all-time high by Rs 267 per 10 grams. Let us tell you that gold made its all-time high on 5 April 2023. On that day gold had gone up to the level of Rs 60781 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 4111 per kg. The all-time high level of silver is Rs 79980 per kg.
Know latest gold price by giving a missed call
To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.
Check purity of gold
If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.
Read More :-INDIAN SHARE MARKET REMAINS CLOSED ON AMBEDKAR JAYANTI
24 carat gold
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. That’s why mostly 22 carat gold is used in making jewelry or jewellery. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its jewelery cannot be made. That’s why most shopkeepers sell gold in 22 carat.
Buy gold after ensuring hallmark
While buying gold, customers must take care of its quality. Gold ornaments should be bought only after seeing the hallmark. Hallmark is a government guarantee for gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines hallmarks. The Hallmarking Scheme is governed by the Rules and Regulations under the Bureau of Indian Standards Act.
Hall marks are given by ISO to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Mostly gold is sold in 22 carat, while some people also use 18 carat. Carat does not exceed 24, and the higher the carat, the purer the gold.
Read More :-PETROL, DIESEL PRICE 14 APRIL 2023: FRIDAY FREEBIES ON FUEL; CHECK OUT CURRENT RATES OF YOUR CITY
What is difference between 22 and 24 carat gold?
24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24K gold is luxurious, it cannot be made into jewellery. That’s why most shopkeepers sell gold in 22 carat.
Read More :- Latest Business News
