Rates Surge Across Major Cities – Check Prices In Delhi, Mumbai, Chennai & Others News24 –

Gold Price Today: The Gold price in India have experienced a slight rise in prices across various carat categories. The price of gold in India today, 15 March is Rs 89,790 per 10 grams for 24-carat gold, Rs 82,310 per 10 grams for 22-carat gold and Rs 67,350 per 10 grams for 18 karat gold.

In Delhi, the popular choice for jewellers, 22-carat gold, prized for its durability, was priced at Rs 82,460 for 10 grams. The Gold price in Mumbai was priced at Rs 82,310 per 10 grams for 22-Carat gold. Whereas in Bengaluru, the price of gold today is Rs 82,310 per 10 grams of 22-carat gold and Rs 89,790 per 10 grams for 24-carat gold.

Gold Price: Major Cities

Source: Good Returns

How Gold Prices In India Are Determined?

Contrary to popular belief, gold prices in India aren’t solely driven by physical gold demand and supply. Instead, they’re significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.

Furthermore, other factors like global events, political issues, central bank decisions, and currency changes can also fuel the change in the prices of the precious metal.

How To Check The Purity Of Gold

Here are a few tips to check the purity of the gold:

1. Look for a hallmark: The best way is to look for the hallmark. 22-carat gold, also known as 916 gold, will have a hallmark stamp on its back of 916.

2. Check for the BIS Standard Mark: On all the jewelry, you can look for a triangle with the letters “BIS” underneath to ensure the purity of the gold.

3. Perform an acid test: An acid test can be performed under guidance, where you can test the gold with nitric acid to check its purity.

4. Color test: The yellow metal stays yellow always, it remains untarnished.