Today’s Gold Price Delhi, Aug 25: Check Prices Of Yellow Metal After Gain Of Rs 402
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Business
oi-Renu Baliyan
Gold prices on Thursday rose by Rs 402 to Rs 52,297 per 10 grams amid strong global cues, according to HDFC Securities. The yellow metal had closed at Rs 51,895 per 10 grams in the previous trade, according to a PTI report.
Silver also rallied Rs 711 to Rs 56,191 per kg from Rs 55,480 per kg in the previous trade.
In the international market, gold was trading higher at USD 1,763 per ounce while silver was flat at USD 19.35 per ounce, added the PTI report.
“Gold prices recovered with dollar decline and weak US economic data,” said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.
Meanwhile, when it comes to price of 22 carat gold in India, it is recorded at Rs 47,500 per 10 gram after a gain of Rs 250. The price of 10 gram of 24 carat gold is Rs 51,820 with a gain of Rs 270.
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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