Inflation: As a hedge against inflation, gold prices usually rise when inflation rates increase. 24 carat Gold: Pure gold, usually used for investment purposes, especially in coins and bars.
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Why do gold prices differ in different cities in Salem? The main reason for the disparities in gold prices across cities and states in India is the addition of precious metal transportation charges.
In both the domestic and international markets, the price of 22-carat gold is lower than that of 24-carat gold. What type of gold is pure? 24 carat gold is pure gold that contains no other metals.