Hallmark 1 Tola, 1 Gram Gold Rate or Price Today in India – 29 Dec 2022

As of the date, 29 December 2022, 1, 5, and 8 (gm) gram and 1 Tola Gold Rate Today in India in Indian Rupees (INR) are as follows.

1 Gram Gold Rate or Price Today

Source Disclaimer: The rates of Gold in different purity segment provided here has taken from IBJA which stands for Indian Bullian Jewellery Association.

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1 Tola Gold Rate or Price Today

Note: Some Jewelry shops consider 1 Tola = 10 grams, but here actual 1 Tola = 11.664 grams is further rounded to 11.7 grams.

5 Gram Gold Rate or Price Today

8 Gram Gold Rate or Price Today

Last 7 Days 1 Gram Gold Rate History

Last 7 days 1 gram Gold rate or price for different purity in India is as follows.

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24K Hallmark, 1 gram Gold Rate or Price History

23K Hallmark, 1 gram Gold Rate or Price History

22K Hallmark, 1 gram Gold Rate or Price History

18K Hallmark, 1 gram Gold Rate or Price History

Why is Gold Represented in Carat?

We all know the fact that Gold is a precious metal. It has been used for centuries to make jewelry and all other ornamental items. We all know the fact that Gold in pure form is too soft to be used for most purposes, that’s why it is usually alloyed with other metals to create an alloy that is more durable and easier to work with.

The purity of gold is measured in carats, with 24 carats being pure gold and lower carats representing a lower purity. The metal is often expressed in carats when buying or selling gold, which is the standard way to measure its purity.

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Different Carat (K) Representation of Gold

In Gold Commodity Carat or say Karat is used to measuring the purity of Gold. So the higher carat represents the pure form whereas the least karat or Carat represents Gold with some impurity.

There are different carat (k) values that represent gold. The most common carat values are 24k, 22k, 18k, and 14k. The 24k is the highest value, which means the gold is pure. 22k is also a pure form of gold, but it contains a small number of impurities.

Whereas 18k is gold that is made up of 75% pure gold and 25% impurities. On the other hand, 14k is gold that is made up of 58.3% pure gold and 41.7% impurities.

Different Carat Representation of Gold

Why does the 1 Gram Gold rate or price change every day?

The price of gold is changing every day due to a variety of factors, that includes:

• Global Economic Conditions,
• Geopolitical Events, and
• Central Bank Policies of countries.

Also, Gold is seen as a safe haven asset during economic uncertainty and crisis, so its price often rises when there are concerns about the health of the global economy. During Geopolitical events, such as wars or political unrest, lead to increases in the price of gold as investors seek to protect their wealth.

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How to Differentiate between Original and Fake Gold?

Since Gold is a valuable metal that has been used for currency, Jewelry, and other purposes for centuries. So, It is also relatively easy to fake this precious metal. So follow the steps given below to tell check if gold is real or not.

• First Way: Check the Gold color. Real gold is a deep, rich yellow. While the fake gold is often more of a pale yellow.
• The Second Way: To check if gold is real or fake is to look at the weight. Real gold is heavy, while fake gold is often light in weight.
• The Third Way: You can try the acid test. Put a drop of acid on the gold. If it’s real gold, the acid will not react. If it’s fake gold, the acid will usually cause the gold to change color or dissolve.
• The Fourth Way: To check if gold is real or fake try to look for a stamp. Real gold will have a stamp that says “24K” or “18K”. If the gold does not have a stamp, it is likely fake.
• The Final Way: If you are still unsure if gold is real or fake, the best way to tell is to take it to a Jewelry shop or other professional who can test it. They will be able to tell you for sure if the gold is real or not.

Final Words

In this article, we have tried to provide you accurate price or rate of 1 Gram Gold of different purity segments. You also get to know Why the Price of Gold changes every day? and you also learned how you can differentiate between Real and Fake Gold.

FAQ’s

indoGeeks Team

The Article written by the indoGeeks Team is well researched from different sources. Do let us know any typo or other kind of error by commenting down below. It will help us to make this internet a good and error-free source of information for the community.