Gold gets cheaper

Due to global conditions, gold and silver prices have been fluctuating many times since last week. Along with this, due to the season of marriage, gold and silver are being bought fiercely in the bullion market. In such a situation, if you want to buy gold and silver or you want to invest in gold, then this is important news for you. According to BankBazaar.com, today i.e. on Saturday, in Bhopal, the capital of Madhya Pradesh, the price of 22 carat gold is Rs 47,800 per 10 grams and the price of 24 carat gold is Rs 50,190 per 10 grams.

No change in gold price
In the bullion market of Bhopal, yesterday (22K Gold) 22 carat gold was sold for Rs 47,800 per 10 grams, while (24K Gold) 24 carat gold was sold for Rs 50,190 per 10 grams. That is, today there has been no decrease and increase in the price of gold.

No change in silver prices
According to BankBazaar.com, if we talk about silver, then the silver which was being sold in Bhopal’s bullion market on Sunday was Rs 62,400 per kg, whereas today it will be sold at a price of 62,400.

How to know the purity of gold
(International Organization for Standardization) Hallmarks are given by the International Organization for Standardization to identify the purity of gold. 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Most of the gold is sold in 22 carats, while some people also use 18 carats. Carat is not more than 24, and the higher the carat, the purer the gold will be.

What is the difference between 22 and 24 carat gold
There is also a difference between 22 and 24 carat gold. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure. Jewelery is prepared by mixing 9% other metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is the purest, let us tell you that 24 carat gold jewelery cannot be made. That’s why most of the shopkeepers sell gold in 22 carats.