Todays Gold Price Delhi, August 8: Marginal Rise In Gold, Silver Jumps By Rs 527

Gold price in the national capital on Monday rose by Rs 97 to Rs 52,490 per 10 gram amid rise in international precious metal prices along with depreciation in rupee, according to HDFC Securities, according to a PTI report.

The yellow metal had closed at Rs 52,393 per 10 gram in the previous trade.

Silver price also jumped by Rs 527 to Rs 58,465 per kg from Rs 57,938 per kg in the previous trade.

The rupee depreciated 22 paise to 79.46 against the US dollar in early trade on Monday, tracking subdued sentiment in the domestic equities, added the PTI report.

In the international market, gold was trading higher at USD 1,777 per ounce while silver was flat at USD 20.07 per ounce.

"Gold prices traded firm with spot gold prices at COMEX trading at USD 1,777 per ounce," 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 Hall Mark sign as it is mandatory for jewelers to write it on every jewellery piece.