Gold has long held a special place in Indian households โ symbolizing prosperity, purity, and financial security. Whether purchased for weddings, festivals, or as an investment, its value depends greatly on its purity. To understand the gold rate in India today, itโs important to know the difference between 14K, 18K, and 24K gold. For more updates onย Todays Gold rateย andย Todayโs currency exchange rates, visitย India Focus Daily News.
Understanding Gold Purity: What Do 14K, 18K & 24K Mean?
- 24 Karat (24K) Gold:
Known as pure gold, 24K gold contains about 99.9% gold with minimal alloy content. It is soft and malleable, making it ideal for investment-grade coins and bars, but less suitable for everyday wear jewellery. - 18 Karat (18K) Gold:
Made up of 75% pure gold and 25% other metals (such as copper, zinc, or silver), 18K gold is stronger than 24K. Itโs widely used in fine jewellery that requires a balance between purity and durability. - 14 Karat (14K) Gold:
Composed of 58.3% gold and 41.7% alloy metals, 14K gold is tougher and more affordable. It is often preferred for fashion and daily-wear jewellery due to its strength and lower price.
Because gold rates are purity-based, the 24K gold price per gram is the highest, followed by 22K, 18K, and 14K respectively.
Indicative Gold Rates in India (as per recent market updates)
Purity | Approx. Price per Gram | Notes |
24K Gold | โน9,049.90 (National Avg.) | Varies by city and market demand |
22K Gold | โน8,911 | Common choice for jewellery |
18K Gold | โน9,275 (Chennai) | Based on city rates and demand |
14K Gold | ~โน7,118 | Estimated from 24K conversion |
Example:
If 24K gold in a city trades at โน12,218 per gram,
then 18K โ โน12,218 ร 0.75 = โน9,163,
and 14K โ โน12,218 ร 0.583 = โน7,118 (approx).
Note: Actual prices may differ slightly due to making charges, taxes, and local jeweller margins.
Gold remains a trusted financial safeguard and an integral part of Indian tradition. Whether youโre buying 14K jewellery for style, 18K for balance, or 24K for investment, understanding purity and pricing helps you make smarter choices in todayโs dynamic gold market.