22k gold is gold that has 91.6% of gold and the rest is another metal.
24k gold is gold that is 99.9% pure, which is as good as 100%.
Currently, 22k gold is priced at Rs 5569 per gram.
On the other hand 24k gold is retailing at Rs 6047 per gram.
Jewellery cannot be made of pure gold and hence 22k gold is used.
It is always a good idea to buy hallmarked gold when buying into the metal.
Gold prices have risen sharply over the last few quarters in line with global trends.