Gold prices have witnessed a slight decline today after experiencing an upward trend on Friday. However, as today is Saturday, the gold and silver markets remain closed, leading to no fluctuations in prices. According to the India Bullion and Jewelers Association (IBJA) website (ibjarates.com), the price of 24-carat gold (999 purity) stands at ₹86,059 per 10 grams.
If you are considering buying gold, it is advisable to check the latest gold rates before making a purchase. Below is a detailed price analysis of gold rates in different cities, as well as insights into gold purity and how to check live prices.
Latest Gold Prices in India (Per 10 Grams)
Gold Prices as Per Purity
- 24 Carat (999 Purity): ₹86,059
- 23 Carat (995 Purity): ₹85,714
- 22 Carat (916 Purity): ₹78,830
- 18 Carat (750 Purity): ₹64,544
- 14 Carat (585 Purity): ₹50,345
Meanwhile, the price of silver has been recorded at ₹96,724 per kilogram.
Gold Price in Major Indian Cities
Gold Price in Delhi
- 22 Carat Gold: ₹80,040 per 10 grams
- 24 Carat Gold: ₹87,300 per 10 grams
Gold Price in Chennai
- 22 Carat Gold: ₹79,890 per 10 grams
- 24 Carat Gold: ₹87,150 per 10 grams
Gold Price in Mumbai
- 22 Carat Gold: ₹79,890 per 10 grams
- 24 Carat Gold: ₹87,150 per 10 grams
Gold Price in Kolkata
- 22 Carat Gold: ₹79,890 per 10 grams
- 24 Carat Gold: ₹87,150 per 10 grams
Note: Gold prices vary slightly depending on local taxes, making charges, and market fluctuations.
How to Identify the Purity of Gold?
The purity of gold is determined through the hallmarking system issued by the Bureau of Indian Standards (BIS). Here’s how gold purity is classified:
- 24 Carat Gold (999 Hallmark): The purest form of gold, mainly used for investment purposes.
- 23 Carat Gold (958 Hallmark): Almost pure, but slightly less refined than 24-carat gold.
- 22 Carat Gold (916 Hallmark): Most commonly used for making gold jewellery due to its durability.
- 21 Carat Gold (875 Hallmark): Less common but still used for some jewelry designs.
- 18 Carat Gold (750 Hallmark): Contains 75% pure gold and 25% alloys, often used in designer jewelry.
Before buying gold, always check for the BIS hallmark to ensure authenticity and purity.
How to Check Gold Rates Instantly?
You can now check the live gold and silver prices from the comfort of your home by making a missed call to 8955664433. Within moments, you will receive a message with the latest gold rates and market updates.
Important: Gold prices fluctuate daily due to international market trends, currency exchange rates, and economic factors. Always verify the prices before making a purchase.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.