Gold Price Today: Good news for gold buyers! As we approach the festive season, gold prices have decreased, offering some relief to customers. Today, October 11, marks the final day of Navratri, and with Dussehra just around the corner, many are looking to make purchases.
In the morning session, gold prices saw a slight decline, providing a welcome break after a recent spike. Over the last two days, gold prices had risen by ₹2,300, following a drop of ₹220 on October 7. Prices remained stable on October 8, but on October 9, gold surged by ₹760 before experiencing a minor dip on October 10. (Gold Rates Today)
What Are the Rates for 14 to 24 Carat Gold?
According to Good Returns, the price for 22-carat gold today stands at ₹70,400 per 10 grams, while 24-carat gold is priced at ₹76,790 per 10 grams. In contrast, silver has also seen a decrease, with prices dropping by ₹3,000 on October 8 and 9. Currently, one kilogram of silver is priced at ₹93,900.
- 24 Carat: ₹74,838
- 23 Carat: ₹74,538
- 22 Carat: ₹68,552
- 18 Carat: ₹56,129
- 14 Carat: ₹43,780 per 10 grams
It’s important to note that in futures and international markets, gold and silver are not subject to taxes or fees. However, local jewelers often include additional charges, which can lead to price variations.
How to Identify Gold Purity?
To ensure the purity of gold, look for a hallmark certified by the Indian Standards Organization (ISO). The hallmark indicates purity levels:
- 24 Carat: 999
- 23 Carat: 958
- 22 Carat: 916
- 21 Carat: 875
- 18 Carat: 750
