Gold Update : See the updated rates of Gold in your City

Gold: a precious metal

As all of us know that investment in Gold is an intelligent decision because it is considered as 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.

Gold Rate in your City

Two 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.

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

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.

Last 15 Days Update of Gold