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On Friday, gold prices in Rajkot dropped by Rs 2,010 to Rs 92,830. In contrast, gold prices in Ahmedabad have increased by Rs 1,160
Gold prices across India are influenced by various factors, including international market trends and currency exchange rates. (Local18)
Gold prices have reached record highs across the country, but fluctuations continue to occur in regional markets.
On Friday, gold prices in Rajkot dropped by Rs 2,010 to Rs 92,830. On Thursday, the price of 1 tola of gold stood at Rs 94,840. Silver prices have also fallen by Rs 710. Silver, which was priced at Rs 95,900 per kg on Thursday, is now being sold at Rs 95,190 per kg.
In contrast, gold prices in Ahmedabad have increased by Rs 1,160. On Thursday, the price of 1 tola of gold was Rs 96,750. It has now risen to Rs 97,910 per 10 grams. Meanwhile, the price of silver in Ahmedabad has decreased by Rs 2,000. Silver, which was sold at Rs 1,00,000 per kg on Thursday, is now priced at Rs 98,000 per kg.
Gold prices across India are influenced by various factors, including international market trends and currency exchange rates. When prices rise globally, the Indian market often follows suit. Increased demand during festive seasons also contributes to price hikes.
In terms of purity, 24-carat gold ornaments are marked with ‘999’, 23-carat with ‘958’, 22-carat with ‘916’, 21-carat with ‘875’, and 18-carat with ‘750’. While 24-carat gold is approximately 99.9% pure, 22-carat gold is around 91% pure, as it contains other metals and is typically used in jewellery. All ornaments are hallmarked based on their carat value.
To check the purity of gold, customers can use the BIS Care application. This app allows users to verify the purity of gold and lodge complaints. If the licence, registration, or hallmark number of a product is incorrect, users can file a complaint and obtain relevant information.
Consumers can also check the latest gold and silver rates from home by giving a missed call to 8955664433. Rates will be sent via SMS. Additionally, current prices are available on the official website ibjarates.com.
- Location :
Gujarat, India, India
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