Gold update 24-June-2025: Why Gold is a Smart Investment?
As all of us know that investment in Gold is an intelligent decision because it is considered a precious metal and it takes up less space than any other metal to store. This is the first Choice of ladies in the form of jewelry. But now gold rates are at their Peak. Today, we are going to cover the detailed information about Gold.
Today’s Rate (Gold Update: 24 June 2025)
Gold 24 Carat/10gm |
Gold 22 Carat/10gm |
Gold 18 Carat/10gm |
Silver /KG |
99870 |
91550 |
74910 |
109000 |
Rates in your City (Gold Update: 24 June 2025)
Last 10 Days Rates(Gold Update: 24 June 2025)
Why should you buy hallmarked gold jewellery even though it is 91.6% pure?
Hallmark guarantees purity. When you buy hallmarked or BIS-verified gold, you are only charged for the percentage of gold. For example, if you buy 22-carat gold, you will be charged the price as per the current price of 22K gold.
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What does ‘916 gold’ mean in purity? (Gold Update: 24 June 2025)
It is another name for 22-carat gold. It is used to indicate the purity of gold in the final product, like for every 100 grams of the alloy, it contains 91.6 grams of pure gold. 916 gold is better for jewellery making and is also verified by BIS. Similarly, 958 gold is 23 carat and 750 gold is 18 carat.
What is KDM Gold? (Gold Update: 24 June 2025)
KDM Gold is an alloy of 92 percent gold and 8 percent cadmium. It is considered high-purity gold, but BIS does not verify it. The reason for this is the health problems caused to the artisans by cadmium.
Famous Categories of Gold (Gold Update: 24 June 2025)
24 Carat Gold: 24 karat gold is considered the purest. Pure gold or 24 karat gold indicates 99.9 percent purity and is not mixed with any other metal. 24-karat gold is used to make gold coins and bars. There are various other purities for gold as well, which are measured in comparison to 24 Carat.
22 Carat gold
22 karat gold is best suited for jewellery making. It is made up of 22 parts gold and two parts silver, nickel, or any other metal. Mixing of other metals makes the gold harder and more suitable for jewellery. 22 Carat gold indicates 91.67 per cent purity.
Types of Gold (Gold Update: 24 June 2025)
Physical gold can be purchased in coins, bars, and jewellery.
Gold coins: Some collectible gold coins have a higher market value than other types of gold. However, one should be cautious about checking the authenticity before making this purchase.
Gold bars: Investment-quality bullion or gold bars have a purity level of 99.5%-99.99%. You can see this information on the bar along with the weight and the name of the manufacturer.
Gold jewellery: This is the most popular type of gold and also has cultural significance. However, its value after melting is usually less than the actual price.
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