Gold and Silver Prices Fluctuate; Verify Hallmark Before Purchase. Check your city's rates.
Gold-Silver Price: Gold and silver prices continue to fluctuate. On Tuesday, March 18, 2025, prices increased at market open. The price of 24-karat gold rose from its previous closing price of ₹86,843 to ₹88,101 per 10 grams. Similarly, silver prices jumped from ₹98,322 per kg to ₹99,767 per kg. These prices are expected to remain stable until Tuesday morning, but fluctuations may continue throughout the day.
Gold Price Variations Across Cities
Gold prices vary across different cities in India. A slight increase was observed in the prices of 22-karat and 24-karat gold in Chennai, Mumbai, Delhi, Kolkata, Ahmedabad, Jaipur, Patna, Lucknow, Ghaziabad, Noida, Ayodhya, Gurugram, and Chandigarh. 22-karat gold is currently selling at approximately ₹80,510 per 10 grams, while 24-karat gold has reached ₹87,830 per 10 grams.
Identifying Gold Purity Through Hallmark
Jewelry is typically made of 22-karat gold, which is 91.6% pure. However, adulteration sometimes occurs, with 22-karat gold being sold with 89% or 90% purity. Buyers should always check the hallmark before purchasing gold. The hallmark certifies the gold's purity. A 999 hallmark indicates 99.9% pure gold. Similarly, a 916 hallmark signifies 91.6% purity, 750 indicates 75% purity, and 585 indicates 58.5% purity.
How to Check the Hallmark?
Understanding hallmarking is crucial for verifying gold purity. 24-karat gold is marked 999, 22-karat with 916, 21-karat with 875, and 18-karat with 750. To check the purity of 22-karat jewelry, divide 22 by 24 and multiply by 100 to determine its actual purity.
Keep an Eye on Gold and Silver Prices
Gold and silver prices fluctuate daily, influenced by international markets, the dollar's value, and government policies. If you're considering investment, stay updated to make informed purchases at the right time.
