Gold Price Delhi, August 24: Gold Prices Zoom Amid Firm Global Trends

Gold price in the national capital on Wednesday rose Rs 274 to Rs 51,909 per 10 grams amid firm global trends, according to HDFC Securities.

The yellow metal had closed at Rs 51,635 per 10 grams in the previous trade.

Silver also jumped Rs 448 to Rs 55,682 per kg from Rs 55,234 per kg in the previous trade, according to a PTI report.

In the international market, gold was trading higher at USD 1,749 per ounce while silver was flat at USD 19.11 per ounce, added the PTI report.

"Gold prices recovered on weaker dollar and ease in US bond yields," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

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 Hallmark sign as it is mandatory for jewelers to write it on every jewellery piece.