Gold Rates In Delhi: Check latest prices of Gold, Silver

Gold in the national capital on Monday declined by Rs 114 to Rs 50,561 per 10 grams amid decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,675 per 10 grams, according to a PTI report.

Silver also declined by Rs 136 to Rs 56,760 per kg from Rs 56,896 per kg in the previous trade. "Spot gold prices for 24-carat gold in Delhi fell by Rs 114 in line with decline in COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

In the international market, gold was quoting lower at USD 1,737 per ounce while silver was flat at USD 19.17 per ounce, 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.