Please note that gold prices fluctuate frequently due to various factors, including market demand, economic conditions, geopolitical events, and currency exchange rates.
Here is the gold prices for as on 12th September 2023:
India: Gold Price per 10 grams (24 Karat): 58,860 INR, Gold Price per 10 grams (22 Karat): 53,920 INR
Some more information
24 karat gold, often represented as 24K or 24kt, is the purest form of gold you can find in terms of gold purity. It is composed entirely of gold without any other metals mixed in. Gold is typically alloyed with other metals like copper, silver, or palladium to make it more durable and suitable for jewelry and other applications.
The purity of gold is measured in karats (abbreviated as “K” or “kt”). Each karat represents 1/24th of the whole. So, 24 karat gold is considered 100% pure gold. It’s important to note that because it is pure, 24 karat gold is relatively soft and can be easily scratched or bent, which makes it less practical for certain jewelry items like rings or bracelets that are subject to a lot of wear and tear.
In many cultures and regions, 24 karat gold is highly valued for its purity and is often used for investment purposes, such as making gold bars and coins. It’s also used in some high-end jewelry pieces, particularly in designs where the softness of pure gold is not a concern.
When gold is alloyed with other metals to make it stronger and more durable, it results in lower karatages, such as 18K (75% gold and 25% other metals) or 14K (58.3% gold and 41.7% other metals). The choice of karatage depends on the intended use and desired properties of the gold item.
22 karat gold, often represented as 22K or 22kt, is a type of gold alloy that contains 22 parts pure gold and 2 parts other metals. In terms of gold purity, it is 91.67% pure gold. The remaining 8.33% consists of other metals, which are typically copper and silver, but the specific composition of the alloy may vary.
22 karat gold is valued for its high gold content while still offering some durability due to the presence of the other metals. This makes it a popular choice for various types of jewelry, including necklaces, earrings, and bangles. It is less soft and more resistant to scratches and wear compared to 24 karat gold, which is 100% pure gold