The price of gold in Delhi today is ₹ 7,385 per gram for 22 karat gold and ₹ 8,070 per gram for 24 karat gold (also called 999 gold). Gold price in Delhi has been seeing some momentum, since the start of the year. This is because, equity markets took a beating at the start of the year, which pushed investors to invest in safe haven asset like gold. The precious metal may not be a favorite in the last few years, as prices have moved in a tight range. A fall in equity prices at the start of the year, saw some attraction to gold as an investment. We have given todays gold rate in Delhi to those who wish to buy the precious metal.
also known as 24K gold, is the purest form of gold available, containing 99.9% pure gold with minimal or no impurities. This high purity makes it softer and more malleable than lower-karat gold, meaning it can easily be shaped and molded. Because of its softness, 24K gold is not typically used in jewelry that needs to withstand daily wear and tear, such as rings or bracelets. Instead, it’s more commonly used for special items, like investment-grade coins, bars, and intricate ornaments, especially in countries like India and China where pure gold is highly valued culturally and financially.
Here are some key points about 24-carat gold:
- Purity: Contains 99.9% pure gold, with almost no other metals mixed in.
- Color: Has a rich, intense yellow color, which is highly distinctive and lustrous.
- Softness: Due to its purity, 24K gold is quite soft and can easily get scratched or deformed.
- Value: Because of its purity, 24K gold is more valuable per gram than lower-karat gold.
- Uses: Commonly used for investment purposes, gold bars, coins, and some traditional jewelry pieces, though not ideal for everyday wear.
22K gold, or 22-carat gold, contains 91.67% pure gold, with the remaining 8.33% made up of other metals like copper, silver, or zinc. This small mix of alloys strengthens the gold, making it more durable and suitable for jewelry that can withstand regular use, such as rings, bracelets, and necklaces. Although it’s not as pure as 24K gold, 22K gold retains much of the luster and deep yellow color associated with high-purity gold, making it popular for fine jewelry in many cultures.
Here are some main aspects of 22K gold:
- Purity: Composed of 91.67% gold and 8.33% alloy metals, which increase its hardness.
- Color: Has a rich, warm yellow color similar to 24K gold but slightly less intense.
- Durability: Stronger and more resilient than 24K gold, making it ideal for jewelry meant for everyday wear.
- Value: Generally less expensive than 24K gold due to the added alloys, but still holds significant value because of its high gold content.
- Uses: Often used in crafting high-quality jewelry, especially in South Asia and the Middle East, where it is a preferred choice for wedding and ceremonial pieces.
18K gold, or 18-carat gold, consists of 75% pure gold and 25% alloy metals like copper, silver, or nickel, which provide additional strength and durability. This composition makes it harder than 24K and 22K gold, making it ideal for everyday jewelry that requires resilience, such as engagement rings, bracelets, and watches. The added metals can also vary the gold’s color, allowing for options like yellow, white, and rose gold.
Here’s an overview of 18K gold:
- Purity: Contains 75% pure gold, with the remaining 25% being alloy metals that enhance its strength.
- Color: Maintains a rich gold hue, though less intense than 22K and 24K gold; it can come in various shades depending on the type of alloy used.
- Durability: More durable than higher-karat gold, making it well-suited for everyday wear without significant risk of scratches or deformation.
- Value: Less expensive than 22K and 24K gold due to lower gold content, yet still valuable and popular for fine jewelry.
- Uses: Widely used in wedding rings, engagement rings, and luxury jewelry where both beauty and durability are essential.
*Disclaimer: Goldratetodays.in makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
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