Gold and silver prices have been fluctuating continuously for a while now. As of today, December 23, 2024 (Monday), both gold and silver prices have fallen. The price of gold, which previously closed at ₹76,013 per 10 grams, has now dropped to ₹75,377. Similarly, the price of silver has decreased from ₹87,035 per kg to ₹85,133.
As we can see, there has been a constant increase and decrease in the prices of both metals. If you want to know the Gold Rate Today and current price silver in your city, you can refer to this post. We will provide the prices of 14-carat, 18-carat, 22-carat, and 23-carat gold on December 23, 2024.
Gold Rate Today
As mentioned earlier, both gold and silver have seen a decline today, December 23, 2024. Here are the prices for different purities of gold:
- 999 purity (24-carat) gold is priced at ₹75,377 per 10 grams.
- 995 purity gold costs ₹75,075 per 10 grams.
- 916 purity gold is priced at ₹69,045 per 10 grams.
- 750 purity gold is at ₹56,533 per 10 grams.
- 585 purity gold costs ₹44,096 per 10 grams.
Along with the drop in gold prices, silver prices have also seen a change. As of today, the price of 999 purity silver is ₹85,133 per kg.
Gold Prices on December 23, 2024
Here are the gold prices in various cities across India for December 23, 2024 (Gold Rate Today, ₹ per 10 grams):
| City | 18-Carat Gold | 22-Carat Gold | 24-Carat Gold |
|---|---|---|---|
| Chennai | ₹58,950 | ₹71,400 | ₹77,890 |
| Mumbai | ₹58,420 | ₹71,400 | ₹77,890 |
| Delhi | ₹58,540 | ₹71,550 | ₹77,940 |
| Kolkata | ₹58,420 | ₹71,400 | ₹77,890 |
| Patna | ₹58,460 | ₹71,450 | ₹77,940 |
| Other Cities (Jaipur, Lucknow, Ghaziabad, Noida, Ayodhya, Gurugram, Chandigarh) | ₹58,540 | ₹71,550 | ₹77,940 |
How to Check Gold Hallmark 2024
If you’re purchasing gold jewelry, always make sure to check the hallmark. It confirms the purity of the gold provided by the jeweler. Here’s how you can check:
- 999: 24-carat gold (99.9% pure)
- 958: 23-carat gold (95.8% pure)
- 916: 22-carat gold (91.6% pure)
- 875: 21-carat gold (87.5% pure)
- 750: 18-carat gold (75% pure)
What is Gold Hallmark
Gold hallmarking refers to the purity of the gold used in making jewelry. When jewelry is made, typically 22-carat gold is used, which is 91.6% pure. However, jewelers often mix other metals with gold, so the purity may be slightly lower (89% or 90%).
It is essential to check the hallmark when buying jewelry to ensure its quality and authenticity. The purity levels are marked on the jewelry as:
- 375: 37.5% purity
- 585: 58.5% purity
- 750: 75% purity
- 916: 91.6% purity
- 990: 99% purity
- 999: 99.9% purity (most pure)
FAQs
What influences the gold rate?
Factors include global economic conditions, inflation, currency strength, interest rates, and supply-demand.
What is the gold rate today?
The gold price today is 78,510.00
Why does the gold rate change daily?
Gold prices change based on market dynamics such as global events, economic performance, and currency movements.
Robert is a finance writer with 3 years of experience. He writes about topics like finance, government aid, and market trends. His goal is to help readers understand financial concepts and make better decisions.