Today's Gold Price Delhi, Oct 20: Gold Price Down, Silver Rises

Gold price in the Delhi declined Rs 66 to Rs 50,516 per 10 grams on Thursday due to weak global trends, according to HDFC Securities.

Meanwhile, 22K gold price India fell by Rs 200 to Rs 46,350 per 10 grams on October 20, 2022. 24K gold price in India witnessed a dip of Rs 220 at Rs 50,560 on Thursday.

Silver price in India fell by Rs 250 to Rs 56,150 per kg.

In the previous trade, the precious metal had settled at Rs 50,582 per 10 grams, according to a PTI report.

Silver, however, climbed Rs 101 to Rs 56,451 per kilogram from Rs 56,350 per kg.
In the international market, gold was trading in red at USD 1,630.8 per ounce while silver was up at USD 18.46 per ounce, added the PTI report.

"COMEX spot gold fell to the lowest in more than three weeks as US Treasury yields and the dollar surged on expectations that the Federal Reserve will keep raising the interest rate," said Dilip Parmar, Research Analyst 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 Hall Mark sign as it is mandatory for jewelers to write it on every jewellery piece.