Editor’s Note
This article provides a snapshot of recent gold and silver prices in India, highlighting weekly fluctuations and current stability over the weekend. All rates are sourced from the India Bullion and Jewellers Association and are subject to change when markets reopen.
This week saw fluctuations in the prices of gold and silver (Gold Silver Price Today). On Friday, 24-carat gold closed at ₹78,150 per 10 grams and silver at ₹91,500 per kilogram. Today, on Saturday, prices are expected to remain stable. According to the India Bullion and Jewellers Association, 22-carat gold is stable at ₹71,650, 20-carat at ₹70,294, 18-carat at ₹57,555, and 14-carat gold at ₹44,893 per 10 grams. These rates will remain in effect until the market opens on Monday.
Delhi (Gold Silver Price in Delhi)
24-carat gold: ₹78,150 per 10 grams
22-carat gold: ₹71,650 per 10 grams
Silver: ₹91,500 per kg
Mumbai (Gold Silver Price in Mumbai)
24-carat gold: ₹78,000 per 10 grams
22-carat gold: ₹71,500 per 10 grams
Silver: ₹91,500 per kg
Jaipur (Gold Silver Price in Jaipur)
24-carat gold: ₹78,150 per 10 grams
22-carat gold: ₹71,650 per 10 grams
Silver: ₹91,500 per kg
Patna (Gold Silver Price in Patna)
24-carat gold: ₹78,050 per 10 grams
22-carat gold: ₹71,550 per 10 grams
Silver: ₹91,500 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)
Whenever you buy jewelry, ensure it has a hallmark. This not only guarantees the purity of the gold but also helps you avoid fraud.
Gold and silver (Gold Silver Price Today) are also seen as investment assets. When prices fall, it can be a good buying opportunity for investors. However, while investing, one should consider market conditions and expert opinions.
