Today’s gold prices: A carat (or ‘K’) is a unit of measurement for the purity of gold. 24K gold is 99.9% pure and is known as pure gold.

On Sunday, gold prices in key Indian cities fell by 25 rupees. One gram of 22 carat gold costs $5,515 according to the website Goodreturns. 24 carat gold, on the other hand, costs $6,016.

A carat (or ‘K’) is a unit of measurement for the purity of gold. 24K gold is 99.9% pure and is known as pure gold. Because it is liquid, it cannot be utilized to produce jewelry. In contrast, 22K gold contains residues of other metals such as copper and zinc. It is used in the production of jewelry.

 

In Delhi, ten grams of 22K gold costs $55,300, while ten grams of 24K gold costs $60,320. The gold prices for key Indian cities on July 23, 2023 are as follows.

Gold prices in India are influenced by a variety of factors, including currency, global influences, and government policy. The price of gold will rise if the rupee falls versus the US dollar. Gold prices in Indian cities are affected by a variety of factors such as demand, state taxes, octroi, interest rates, and so on.

Gold is a valuable metal that is popular as an investment. It serves as an inflation hedge.

Silver price

On Sunday, the price of silver in key Indian cities fell by just one rupee. One gram of silver costs 78 cents, according to Goodreturns, a website that follows bullion pricing. 10 grams of silver cost $780 in Delhi, Mumbai, and Kolkata.

Silver is thought to be less expensive than gold. Its value is determined by the price of gold. Large purchases also make it simpler to affect silver pricing. Silver is imported into India from China, the United Kingdom, the European Union, Australia, and Dubai. In India, silver can be purchased from banks, jewelers, and online agents.

By Deesha

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