Gold prices in India surged by Rs 400 on August 13, 2022 for 10 gram of 22 Carat Gold and now buyers will have to pay Rs 48,150. If investors seeks to purchase 8 gram of 22 Carat gold as on August 13, 2022, they will be required to shell out Rs 38,520.
If you are planning to buy 10 gram of 24 Carat gold, you need to pay Rs 52,530 after surge of RS 440 as on August 13, 2022. Meanwhile, if you desire to purchase 8 gram of 24 carat gold, you need to pay Rs 42,024.
It is worth noting that the aforementioned gold prices do not include GST, TCS, and other levies. You need to contact your area jeweler for exact gold prices as on August 13, 2022.
Price of gold in leading metropolitan cities:
Chennai: Rs 49,140 for 22 carat and Rs 53,610 for 24 carat gold
Delhi: Rs 48,300 for 22 carat and Rs 52,690 for 24 carat gold
Mumbai: Rs 48,150 for 22 carat and Rs 52,530 for 24 carat gold
Kolkata: Rs 48,150 for 22 carat and Rs 52,530 for 24 carat gold
How to check purity of gold?
Now gold jeweler is no longer left a fashion statement it has become a vital investment for many in India. Therefore, you should be totally aware of the quality and purity of gold when you buy it.
Many investors may be planning to buy gold amid the falling prices. The purity of gold is measured in Carat that may be categorized in 24, 22, 18, 14, 10 Carats. Most of the jewellaries are made from 22 Carat of gold as 24 Carat gold is very soft and tend to break easily. It is worth mentioning 24 Carat purity gold will have 999 written while 22 Carat gold will have 995 written. If it is 22 Carat gold, you will find 916 written and 18 Carat gold will have 750 written on it. The purity of jewellery can be discovered by looking for the Hall Mark sign as it is mandatory for jewelers to write it on every jewellery piece.
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Story first published: Saturday, August 13, 2022, 17:13 [IST]