Gold Rate In National Capital: Latest Gold, Silver Prices

Gold in the national capital on Tuesday rose by Rs 15 to Rs 50,581 per 10 grams, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,566 per 10 grams. Silver, however, declined by Rs 648 to Rs 56,120 per kg from Rs 56,768 per kg in the previous trade, according to PTI news.

In the international market, both gold and silver were trading flat at USD 1,734 per ounce and USD 18.90 per ounce, respectively. "Gold prices traded firm capping upside as the dollar index hit fresh 20 years high," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities, added the PTI report.

How to check purity of gold?
Now gold jeweler is no longer left a fashion statement it has become a vital investment for many in India. Therefore, you should be totally aware of the quality and purity of gold when you buy it.

Many investors may be planning to buy gold amid the falling prices. The purity of gold is measured in Carat that may be categorized in 24, 22, 18, 14, 10 Carats. Most of the jewellaries are made from 22 Carat of gold as 24 Carat gold is very soft and tend to break easily. It is worth mentioning 24 Carat purity gold will have 999 written while 22 Carat gold will have 995 written.

If it is 22 Carat gold, you will find 916 written and 18 Carat gold will have 750 written on it. The purity of jewellery can be discovered by looking for the Hall Mark sign as it is mandatory for jewelers to write it on every jewellery piece.