News India Live, Digital Desk: Gold price today: On Saturday, the price of 24 carat gold in Jalgaon Gold Exchange was up to Rs 99,704, including GST. On Monday, the price of gold fell by Rs 3090 throughout the day. Gold fell to Rs 96,614 per 10 grams. This decline brought great relief to consumers. Earlier, there was a phase of boom in the bullion market. There was a jump in gold in a week due to tension between India and Pakistan. On Monday, gold saw a big decline in a single day. Due to this decline, the focus of consumers again went towards the bullion market. Consumers today expect a fall in gold prices.
3090 fall in a single day
The price of gold declined by Rs 2266 in the morning session on Monday. Gold fell to Rs 97,438. In the evening, the price of gold declined by Rs 824. Gold fell to Rs 96,614. Gold fell by Rs 3090 in a single day. Consumers hope that prices will fall again on Tuesday.
What is the value of 14 to 24 carat?
According to the Indian Bullion and Jewelers Association (IBJA), 24 carat gold is at Rs 93,076, 23 carat 92,703 and 22 carat gold at Rs 85,258 in this morning session. 18 carat gold is now at Rs 69,807, 14 carat gold at Rs 54,450 per 10 grams. The price of one kilo of silver reached Rs 94,095. There is no tax or fee on gold and silver in the futures market and international market. However, since the bullion market includes fees and taxes, there is a difference in prices.
Carat carat according to hallmark
Hallmarking is given by the Indian Standards Institute for pure gold. 999 marks on 24 carat gold jewelery, 958 at 23 carat, 916 on 22 carats, 875 at 21 carats and 750 on 18 carat. In many places, consumers are demanding 22 carats and 24 carat gold.
Some people use 18 carat gold. The more carat gold, the pure it will be. 24 carat gold is 99.9% pure. 22 carat gold is about 91 percent pure. 22 carat gold contains 9% of other metals. It is used to make jewelery. Jewelry is made using copper, silver and zinc. 24 carat gold is strong. But its use Jewelery Is not done to make.
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