Gold Price Today – Gold and silver prices have been fluctuating since the festive season. At one point, gold prices reached such high levels that it seemed unaffordable for ordinary citizens to afford them. However, as the wedding season began, prices began to fall, providing significant relief to consumers.
On Friday morning, prices of 22- and 24-carat gold also declined. 22-carat gold fell by ₹120 per 8 grams, and 24-carat gold by ₹160 per 8 grams. You can find out where gold prices stand after the decline in the report below.
Price of 8 grams of gold in these metropolises
Gold prices declined in the Indian bullion market. In Mumbai, 22-carat gold fell to ₹91,960 per 8 grams. Furthermore, 24-carat gold was trading at ₹96,432 per 8 grams. In New Delhi, the price of 22-carat gold is trending at ₹92,240 per 8 grams after a decline.
In addition, the price of 24-carat gold is trending at ₹96,856 per 8 grams after a decline. In Bangalore, the price of 22-carat gold is trending at ₹92,320 per 8 grams. The price of 24-carat gold here was recorded at ₹96,936 per 8 grams. In Lucknow, 22-carat gold is trading at ₹92,360, while the price of 24-carat gold is trading at ₹96,856 per 8 grams.
In Bhopal, 22-carat gold is trading at ₹91,840, while the price of 24-carat gold is trading at ₹96,432 per 8 grams. In Ahmedabad, 22-carat gold is trending at ₹92,272, and 24-carat gold is trending at ₹96,888 per 8 grams.
How to Identify Gold Purity
It is important to identify the purity of gold before purchasing, otherwise you could be a victim of fraud. To determine the quality of gold, you can easily check the hallmark. The identification process is also simple.
You can identify the purity of gold at home using magnetic testing, scratch testing, density testing, and the BIS Care app. For even better testing, you can consult a bullion expert. In Vijayawada, the price of 22-carat gold is ₹92,000, while 24-carat gold is ₹96,600 per 8 grams. Consumers should not waste any time shopping.