How Much Has Gold Price Fallen Today?
Gold prices have dropped again today, Friday, February 28. This is the second consecutive day of decline, making it a crucial time for buyers. Silver prices have also witnessed a big fall.
Despite the dip, the gold rate remains above ₹85,000. In major cities, the price of 24-carat gold stands at ₹87,300 per 10 grams, while 22-carat gold is around ₹80,100 per 10 grams. Silver is now priced at ₹98,000 per kilogram.
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On Thursday, 24-carat gold fell from ₹85,593 to ₹85,114 per 10 grams. Similarly, silver slipped from ₹95,048 per kg to ₹93,601 per kg.
What Is Today’s Gold Price?
According to ibjarates.com , today’s gold prices per 10 grams are as follows:
- 24-carat (995 purity) – ₹84,773
- 22-carat (916 purity) – ₹77,964
- 18-carat (750 purity) – ₹63,836
- 14-carat (585 purity) – ₹49,792
- Silver (999 purity per kg) – ₹93,601
How to Check Gold Purity?
Wondering how to ensure the purity of gold before buying? The ISO-certified Hallmark system helps in identifying authenticity. Here’s how:
- 24-carat gold – Marked 999
- 23-carat gold – Marked 958
- 22-carat gold – Marked 916 (Most commonly used for jewellery)
- 21-carat gold – Marked 875
- 18-carat gold – Marked 750
How to Check Gold Prices with a Missed Call?
You can easily check gold and silver rates from home. Just give a missed call to 8955664433, and you’ll receive the latest price details instantly.
What’s the Difference Between 22-Carat and 24-Carat Gold?
- 24-carat gold is 99.9% pure but too soft for jewellery.
- 22-carat gold is 91% pure, with 9% other metals (copper, silver, zinc) mixed for durability. Most gold jewellery is made using 22-carat gold.
Is This the Right Time to Buy Gold?
With prices falling, this could be a great opportunity for buyers. If you’re planning to invest or buy jewellery, checking daily rates can help you get the best deal.
Would you buy gold at the current rates? Let us know!
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