Editor’s Note
This article reports on recent price movements for gold and silver in India, detailing specific rates for 24-carat gold and noting a general upward trend. Readers should be aware that bullion prices are highly volatile and can change rapidly. The figures provided are based on association data for informational purposes.
According to the India Bullion and Jewellers Association, the price of pure 24-carat gold was ₹76,308 per 10 grams on Tuesday evening, which rose to ₹76,503 on the morning of Wednesday, December 4. Similarly, there has been a surge in the prices of gold and silver based on purity. Let’s find out the prices of gold and silver in major cities across the country.
Delhi (Gold Silver Price in Delhi)
24 Carat Gold: ₹76,503 per 10 grams
22 Carat Gold: ₹70,950 per 10 grams
Silver: ₹90,000 per kg
Mumbai (Gold Silver Price in Mumbai)
24 Carat Gold: ₹77,240 per 10 grams
22 Carat Gold: ₹70,800 per 10 grams
Silver: ₹90,000 per kg
Jaipur (Gold Silver Price in Jaipur)
24 Carat Gold: ₹77,390 per 10 grams
22 Carat Gold: ₹70,950 per 10 grams
Silver: ₹90,000 per kg
Patna (Gold Silver Price in Patna)
24 Carat Gold: ₹77,290 per 10 grams
22 Carat Gold: ₹70,850 per 10 grams
Silver: ₹90,000 per kg
When purchasing gold, it is extremely important to check its purity and hallmark. In India, 22-carat gold is mostly used for making jewelry, which is 91.6% pure. However, sometimes shopkeepers sell 89-90% pure gold as 22 carat.
Meaning of Hallmark Numbers
999: 99.9% pure (24 carat)
916: 91.6% pure (22 carat)
875: 87.5% pure (21 carat)
750: 75% pure (18 carat)
585: 58.5% pure (14 carat)
375: 37.5% pure (9 carat)
Gold and silver are also seen as investments. When prices fall, it can be a good buying opportunity for investors. However, while investing, market conditions and expert opinions should be taken into account.