The prices of gold and silver have seen some changes recently. While gold has increased in value, silver remains relatively stable
. The good news is that gold is currently priced below 61,000 rupees, and silver is below 75,000 rupees.
If you’re thinking about buying gold or silver for upcoming festivals, it’s essential to know the current rates. On Wednesday, September 20, 2023, the latest prices in the bullion market indicate that 22-carat gold is trending at 55,360 rupees for 10 grams, and 24-carat gold is at 60,290 rupees for the same quantity. As for silver, one kilogram of silver is priced at 74,800 rupees.
Let’s break it down further:
22-carat gold prices:
- In Bhopal and Indore, 10 grams of 22-carat gold are priced at 55,260 rupees.
- In Jaipur, Lucknow, and Delhi’s Sarafa market, it’s at 55,360 rupees.
- Hyderabad, Kerala, Kolkata, and Mumbai’s Sarafa markets have it priced at 55,210 rupees.
24-carat gold prices:
- In Bhopal and Indore, 10 grams of 24-carat gold cost 60,280 rupees.
- In Delhi, Jaipur, Lucknow, and Chandigarh’s Sarafa markets, it’s at 60,290 rupees.
- Hyderabad, Kerala, Bangalore, and Mumbai’s Sarafa markets have it at 60,230 rupees.
- In Chennai’s Sarafa market, the price is 60,560 rupees.
It’s important to understand the difference between 22-carat and 24-carat gold. 24-carat gold is 99.9% pure, while 22-carat gold is approximately 91% pure, with the remaining 9% comprising other metals like copper, silver, and zinc. Jewelry is often made from 22-carat gold because it’s more durable. However, 24-carat gold cannot be used for making jewelry due to its softness.
As for silver, on September 20, 2023, 1 kilogram of silver is priced at 74,800 rupees in Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi’s Sarafa market. In Chennai, Madurai, Hyderabad, and Kerala’s Sarafa markets, it’s priced at 78,300 rupees. In Bhopal and Indore, it’s also at 74,800 rupees.
The prices of gold and silver have seen some changes recently. While gold has increased in value, silver remains relatively stable. The good news is that gold is currently priced below 61,000 rupees, and silver is below 75,000 rupees.
If you’re thinking about buying gold or silver for upcoming festivals, it’s essential to know the current rates. On Wednesday, September 20, 2023, the latest prices in the bullion market indicate that 22-carat gold is trending at 55,360 rupees for 10 grams, and 24-carat gold is at 60,290 rupees for the same quantity. As for silver, one kilogram of silver is priced at 74,800 rupees.
Let’s break it down further:
22-carat gold prices:
- In Bhopal and Indore, 10 grams of 22-carat gold are priced at 55,260 rupees.
- In Jaipur, Lucknow, and Delhi’s Sarafa market, it’s at 55,360 rupees.
- Hyderabad, Kerala, Kolkata, and Mumbai’s Sarafa markets have it priced at 55,210 rupees.
24-carat gold prices:
- In Bhopal and Indore, 10 grams of 24-carat gold cost 60,280 rupees.
- In Delhi, Jaipur, Lucknow, and Chandigarh’s Sarafa markets, it’s at 60,290 rupees.
- Hyderabad, Kerala, Bangalore, and Mumbai’s Sarafa markets have it at 60,230 rupees.
- In Chennai’s Sarafa market, the price is 60,560 rupees.
It’s important to understand the difference between 22-carat and 24-carat gold. 24-carat gold is 99.9% pure, while 22-carat gold is approximately 91% pure, with the remaining 9% comprising other metals like copper, silver, and zinc. Jewelry is often made from 22-carat gold because it’s more durable. However, 24-carat gold cannot be used for making jewelry due to its softness.
As for silver, on September 20, 2023, 1 kilogram of silver is priced at 74,800 rupees in Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi’s Sarafa market. In Chennai, Madurai, Hyderabad, and Kerala’s Sarafa markets, it’s priced at 78,300 rupees. In Bhopal and Indore, it’s also at 74,800 rupees.
Please note that the mentioned gold and silver rates are indicative and do not include GST, TCS, or other applicable taxes. For precise rates, it’s advisable to contact your local jeweler or jewelry store.