Gold: a precious metal. As we all know, investing in Gold is an intelligent decision because it is considered a precious metal and takes up less space than any other metal to store. This is the first Choice of ladies in the form of jewellery. But now, gold rates are at their Peak. Today, we are going to cover detailed information about Gold.
| Gold 24 Carat/10 gm | Gold 22 Carat/10 gm | Gold 18 Carat/10 gm | Silver /KG |
| 98130 | 89950 | 73600 | 100000 |
Gold Price in Major Cities
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 current price of 22K gold.
What does ‘916 gold’ mean in purity?
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?
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.
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Famous Categories of Gold
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.
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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.