Gold prices fall in Delhi; Check latest rates for 24K, 22K and 18K gold| India News

Gold, silver rates today LIVE updates: Gold fell on Tuesday, though held above the $5,000-per-ounce level, as investors stayed cautious ahead of key U.S. jobs and inflation data due later this week that could help gauge the U.S. Federal Reserve’s interest rate trajectory.

Spot gold fell 0.8% to $5,022.57 per ounce by 0524 GMT. The metal gained 2% on Monday, as the dollar weakened to its lowest level in more than a week. Gold scaled a record high of $5,594.82 on January 29. (Reuters)

Gold, silver rates today LIVE updates: Mumbai’s bullion market saw no major movement as 24-carat gold was priced at ₹1,56,730 per 10 grams and 22-carat gold at ₹1,43,680. Silver traded at ₹3,009 per 10 grams.

Gold, silver rates today LIVE updates: Gold prices in Kolkata remained flat, with 24-carat gold selling at ₹1,56,710 per 10 grams and 22-carat gold at ₹1,43,660. Silver prices were quoted at ₹2,969 per 10 grams, indicating a calm trend in precious metals.

Gold, silver rates today LIVE updates: Delhi witnessed steady bullion rates as 24-carat gold was priced at ₹1,56,870 per 10 grams, while 22-carat gold stood at ₹1,43,820. Silver prices in the capital were recorded at ₹3,019 per 10 grams on February 10.

Gold, silver rates today LIVE updates:It is the official marking of precious metals by the Bureau of Indian Standards. It is the guarantee of a metal’s fineness or purity.Its main objective is to protect the buyer from adulteration and also obligate the manufacturers to ensure legal standards of fineness.

Gold, silver rates today LIVE updates: Gold is considered as a safe and reliable mode of investment. It acts as an excellent hedge against inflation. It is also an excellent portfolio diversifier

India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. In volume terms, the country imports 800-900 tonne of gold annually.

Gold, silver rates today LIVE updates: The purity grade of fine silver is either 999.9, 999.5 or just 999. For silver alloys, jewellery and artefacts, the purity grade is 970, 925, 900, 835, 800v.

There are several reasons to invest in silver. Being a precious metal, it is always in demand in the jewellery markets in India.

Since there is a huge demand for silver, the availabily of the metal is dropping. In future, the prices will rise resulting in profit for the investors who put their money into the metal now. Another important fact is that silver is cheaper than gold.

Gold, silver rates today LIVE updates:K or karats is a term used to measure the purity of gold. In simple words, 24K gold is also called pure gold and has 99.9 per cent purity. It does not contain traces of other metals. On the other hand, 22K gold comprises 22 parts of gold mixed with two parts of other metals like copper and zinc. It is harder than 24K gold due to presence of other metals. It is suited for making jewellery.

Gold, silver rates today LIVE updates:India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. In volume terms, the country imports 800-900 tonne of gold annually.

Gold, silver rates today LIVE updates: In Bhubaneswar, 22-carat gold is priced at ₹1,43,570 per 10 grams, 24-carat gold at ₹1,56,620, and silver at ₹2,97,900 per kg.

Gold, silver rates today LIVE updates: The price of gold in Vadodara on Monday stood at ₹15,796 per gram for 24 karat gold, ₹14,480 per gram for 22 karat gold and ₹11,849 per gram for 18 karat gold.

Gold, silver rates today LIVE updates: Silver is not used in its purest form. The jewellers use Sterling silver which is 92.5 per cent silver and 7.5 per cent of other metal.

Gold, silver rates today LIVE updates: The purity grade of fine silver is either 999.9, 999.5 or just 999. For silver alloys, jewellery and artefacts, the purity grade is 970, 925, 900, 835, 800v

Gold, silver rates today LIVE updates: The price of silver in Hyderabad on Tuesday stood at ₹300 per gram and ₹3,00,000 per kilogram.

Gold, silver rates today LIVE updates: The price of silver in Mumbai on Monday stood at ₹300 per gram and ₹3,00,000 per kilogram.

Gold, silver rates today LIVE updates: ndia’s annual consumer inflation rate likely rose for a third consecutive month to 2.4% in January, according to a Reuters poll of economists, as firming food prices and higher gold and silver coincided with fading favourable base effects.

January will be the first month of a new data series based on 2024 prices and will mark the first time since August that inflation returns to the Reserve Bank of India’s (RBI) 2%-6% target band. (Reuters)

Gold, silver rates today LIVE updates: Silver can be purchased from banks, jewellers and online agents in India. The banks charge higher rates due to purity checks and assurance provided by them. The jewellers offer different products based on the weight. Silver can also be bought online with a number of companies providing a platform for online purchase.

Gold, silver rates today LIVE updates: In India, the price of silver is determined by factors like gold rates, industrial demand, bulk purchases, inflation etc.If the price of gold increases, the silver price will also increase. The industrial firms use silver for production of various commodities like jewellery, coins, medals etc.Also, it is easier to influence the silver market through large trades and purchases.

Gold, silver rates today LIVE updates: Gold is considered as a safe and reliable mode of investment. It acts as an excellent hedge against inflation. It is also an excellent portfolio diversifier

Gold, silver rates today LIVE updates: There are several reasons to invest in silver. Being a precious metal, it is always in demand in the jewellery markets in India. Since there is a huge demand for silver, the availabily of the metal is dropping. In future, the prices will rise resulting in profit for the investors who put their money into the metal now. Another important fact is that silver is cheaper than gold.

Gold, silver rates today LIVE updates: The price of gold in Delhi on Monday stood at ₹15,806 per gram for 24-karat gold, ₹14,490 per gram for 22-karat gold, and ₹11,859 per gram for 18-karat gold. The price of silver in Delhi was ₹300 per gram, or ₹3,00,000 per kilogram.

Gold, silver rates today LIVE updates: Gold and silver fell on Tuesday after two straight sessions of gains, as the dollar edged higher from a more than one-week low, while investors awaited key U.S. jobs and inflation data due later this week to gauge the interest rate trajectory.