The Yellow Metal opened on Monday at the rate of Rs. 5,745 per gram.
The yellow metal is considered very precious in India and everyone knows it. It is now considered an asset for investing and not just a metal used for ornaments. Seeing the rise in investments in the yellow metal the Bureau of Indian Standards has made considerable efforts to increase awareness within the Indian population to deal in legal and pure gold. The Bureau has introduced a hallmark system which is to ensure that everyone remains safe from the earlier large-scale scams of fake gold being sold. There is no difference in the rates of hallmarked gold and normal gold so it is important to go towards the hallmarked yellow metal whenever you go to purchase it.
The current gold price in India is Rs. 6,267 per gram for 24 carats of gold while the 22-carat gold stands at the rate of Rs. 5,745 per 1 gram as of 19th February 2024. All the rates are revised as well as updated as of today.
Gold Prices For 10 Grams In India as of 19th of February 2024
City | Standard Gold Rate (22K) | Pure Gold Rate (24K) |
Ahmedabad | ₹ 57,500 | ₹ 62,720 |
Bangalore | ₹ 57,450 | ₹ 62,670 |
Chennai | ₹ 58,000 | ₹ 63,270 |
Delhi | ₹ 57,600 | ₹ 62,820 |
Hyderabad | ₹ 57,450 | ₹ 62,670 |
Kolkata | ₹ 57,450 | ₹ 62,670 |
Mumbai | ₹ 57,450 | ₹ 62,670 |
Gold as a metal is measured in Carats and its purest form is 24 Carats. Gold is usually used for jewelry making, designing, and the like ios of 22 carats since the purest form of gold is in liquid and needs to be combined with other metals to hold a shape. With the 22-carat gold, the metal becomes more malleable which makes it ideal for molding into various designs. The purest form of gold can be found in gold biscuits, bars, and coins while the 22-carat gold, which is the most popular form of it can be found in rings, pots, neckpieces, and any other design of your choice. All these gold items are to be hallmarked by the jeweler you are purchasing from according to law. With the increase in the demand for gold, it is also necessary to increase the number of hallmark centres in the country.
22 Carat Gold Price in India Today
Gram | Gold Price |
1 gram | ₹ 5,745 |
8 grams | ₹ 45,960 |
10 grams | ₹ 57450 |
100 grams | ₹ 5,74,500 |
24 Carat Gold Price in India Today
Gram | 24K Gold Price |
1 gram | ₹ 6,267 |
8 grams | ₹ 50,136 |
10 grams | ₹ 62,670 |
100 grams | ₹ 6,26,700 |