Get up-to-the-minute 22k 24k gold and silver prices. Stay informed on market fluctuations, historical trends, and expert analysis for smart investment decisions.
Today chennai gold rate
(Today gold silver Chennai bazaar 22k/24 carat price chat list)
Update on April 12/2025
- 22 carat 1 gram price-₹8,770
- 22 carat 8 gram price-₹70,160
- 24 carat 1 gram price-₹9,680
- 24 carat 10 gram price-₹96.800
- 1 gram silver price-₹110,00
- 1 kg Bar price-97,500
Near by jewellery shop Diamond and gold silver Budget friendly, link click now smaartdiamond
22 carat gold rate increasing per gram ₹25🔼
24 carat gold rate increasing per gram ₹20🔼
1 gram silver rate increasing per gram ₹2 Rupees 🔼
1 kg Bar rate increasing by ₹1600⏫
Today gold rate in madurai
(Today gold silver Madurai bazaar price chat list)
- 22 carat 1 gram price-₹8,770
- 22 carat 8 gram price-₹70,160
- 24 carat 1 gram price-₹9,680
- 24 carat 10 gram price-₹96,680
- 1 gram silver price-₹110,00
- 1 kg silver price-₹97,500
Near by jewellery shop in karaikudi gold silver wholesale shop skjewellerywork
22 carat gold rate increasing per gram ₹25🔼
24 carat gold rate increasing per gram ₹20🔼
1 gram silver rate increasing per gram ₹2 Rupees 🔼
1 kg silver bar increasing by ₹1600⏫
Today gold rate in new Delhi
(Today gold silver rate new Delhi bazaar price chat list)
- 22 carat 1 gram price-₹8,785
- 22 carat 8 gram price-₹70,280
- 24 carat 1 gram price-₹9.582
- 24 carat 10 gram price- 95,820
- 1 gram silver price-₹100,00
- 1 kg silver price-₹1,00,000
22 carat gold rate increasing per gram ₹25🔼
24 carat gold rate increasing per gram ₹27🔼
1 gram silver rate increasing per gram ₹2,90 paisa 🔼
1 kg silver rate increasing by ₹2,900🔼
Which is better for investment 22k or 24k gold
When looking at gold as an investment, 24 karat gold is the best choice. Reasons for this:
Perfect purity – 24 karat gold is 99.9% pure, so its value is higher.
Popular belief – When buying gold for investment, 24 karat gold is easier to buy and sell in bulk.
High melt value – 24K gold has fewer impurities, so it is easier to melt and use again.
Helps to invest in bars – Gold bars and coins are mostly 24K pure.
What is 22 karat gold for?
22K gold contains 91.6% pure gold, and the other 8.4% is mixed with metals such as silver and copper. This is why,
It is ideal for making jewelry, because 24K gold is soft and more likely to break.
22K jewelry is beautiful and strong, but you need to take into account the labor cost when reselling.
Conclusion👇
You can choose according to whether you are buying as jewelry or saving as an investment. 24K is better for investment, 22K for accessories.
Gold price is determined by supply and demand.
That means if our demand is around 100 tonnes and the supply is only 90 tonnes then the price will be higher because the demand for that gold is higher on that day. At the same time, when demand is low and supply is high, the price of gold is low. The demand of countries like London, New York, Shanghai, India, Dubai, Japan etc. determine this demand supply more.
Among these, China is the first and India is the second largest consumer. Barclays, Bank of China, Goldman Sachs, HSBC Bank, JP Morgan Chase, Morgan Stanley, Standard Chartered Bank, SCOTIA-MOCATTA, Toronto Dominion Bank and UPS Bank are all participating. Next, China, which is the largest producer and consumer in the world today, has brought new policies that threaten all the countries of the world.
Even when China was by far the largest consumer of gold, the London Bullion Market Association was the sole setter of the price. Now China has started buying more gold mines. It brings with it gold stored in vaults from London, New York and Switzerland. Although both the US and Europe were gold trading and value setting locations, neither held large amounts of physical gold.
But China holds the world’s largest reserves of physical gold and paper gold. As a result, even the superpower America is afraid that the exchange rate value will begin to change slightly from the dollar and the pound, and China’s yuan may exert more dominance. China has started working on it only last April.
Let’s see how the price of gold changes from state to state in our India. The state’s sales tax rate, the bank through which the gold is transported and how far it reaches, other costs, and octroi all add up to that change. Gold prices are different in different states of India which generally have more cultures and more demands. North Indian Wedding season in Yao means wedding season starts in other months in South India.
Every state in South India like Tamil Nadu, Andhra Pradesh, Karnataka and Kerala has its own type of wedding season. Let’s call it the month of Adi. In Andhra Pradesh, the Mugurtha season starts in the middle of Adi month. Wedding season in Karnataka is different. Every state has different summer and rainy season. Religious festive days around the world like Christmas, Ramzan and Diwali will increase the price of gold.
These are the factors that can change the price of gold. We call it a London cold fix. The gold price is fixed twice a day in London, which can be called the London Gold Fix till date. The 5 major banks that trade bullion participate in the London Gold Fix and trade bullion according to their client’s needs – ie, if they have about 10 clients, according to the needs of those 10 (one client will buy…
the other will sell. Suppose a customer buys 100 kg. Another will say that he is selling 50 kg. After adding all these together and calculating the demand of the day, how many people are buying and how many people are ready to sell, those 5 banks will analyze the transaction which can be completed in a few minutes and decide how much they need. This is what they call the London Gold Fix. So far all countries are following the same. The price of gold varies from state to state in India,
the sales tax rate of that state, the bank through which the gold is taken and how far it reaches, other expenses, octroi all together cause that change. Although both the US and Europe were gold trading and value setting locations, neither held large amounts of physical gold. But China holds the world’s largest reserves of physical gold and paper gold.
Don’t buy gold jewellery by looking at jewelers advertisement, buy gold jewellery by looking at the quality, Buy gold jewellery at a traditional jewellery shop…!
