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Abstract:Despite fluctuations in the market, gold remains a valuable asset for investors and collectors alike. In the given list you may see the gold rate of 4 April in India.
The price of gold has been a topic of interest for centuries. It is a precious metal that has been used as a form of currency and a symbol of wealth. The current price of gold is determined by a number of factors, including supply and demand, economic conditions, and geopolitical events. Despite fluctuations in the market, gold remains a valuable asset for investors and collectors alike. In the given list you may see the gold rate of 4 April in India.
City | 22K | 24K |
Delhi | ₹54,850 | ₹59,820 |
Noida | ₹54,850 | ₹59,820 |
Gurugram | ₹54,850 | ₹59,820 |
Mumbai | ₹54,700 | ₹59,670 |
Pune | ₹54,700 | ₹59,670 |
Kolkata | ₹54,700 | ₹59,670 |
Hyderabad | ₹54,700 | ₹59,820 |
Jaipur | ₹54,850 | ₹59,820 |
Lucknow | ₹54,850 | ₹59,820 |
Patna | ₹54,750 | ₹59,720 |
Surat | ₹54,750 | ₹59,720 |
Bangalore | ₹54,750 | ₹59,720 |
Kerala | ₹54,700 | ₹59,670 |
What is difference between 22K and 24K gold?
22k and 24k gold differ in their purity levels. 22k gold contains 91.67% gold and 8.33% other metals, while 24k gold is pure gold, with a purity level of 99.9%. This means that 24k gold is more valuable and expensive than 22k gold, but it is also softer and more prone to scratches and dents. 22k gold, on the other hand, is more durable and commonly used in jewelry making.
Gold has been an important part of India's economy for centuries. The country is one of the largest consumers of gold in the world, with demand coming from both individuals and the jewelry industry. In fact, gold accounts for a significant portion of India's total imports.
One reason for India's love of gold is cultural. Gold is seen as a symbol of wealth and prosperity, and it is often given as a gift during weddings and other important events. Additionally, gold is considered a safe investment, especially in times of economic uncertainty.
Despite its popularity, the Indian government has tried to curb gold imports in recent years in order to reduce the country's trade deficit. However, these efforts have been largely unsuccessful due to the strong demand for gold among Indian consumers. Overall, gold will continue to play an important role in India's economy for the foreseeable future.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.