So individuals often ask the question: Should we go with 22 karats or 24 karats gold? The answer is very simple: 22 karats gold would fetch you lesser price, while 24 karats gold would fetch you a higher price. In any case, you can make a choice yourself, given the fact on your own financial condition and whether you have money for the same. Of course, the latter is for the rich and affluent class as the costs involved is very high. Now, the resale value is always better in the case of 24 karats, but individuals largely restrict themselves to coins and bars. You have to buy them as 22 karats purity for which you must check the gold rates in Chennai. For example, if you are going to buy gold ornaments, there is no way you are going to get them with 24 karats purity. It depends on your own needs and requirements. This is something that is always so very difficult to answer. Read: A beginners guide to buying gold here So, should you buy 22 karats or 24 karats? Let us quickly take this question in a quick point by point answer.ġ) 24 Carats is fully pure, while 22 carats is not.Ģ) The former has purity of 99.99 per cent, while the later is 91.6 per cent pure.ģ) 24 karats gold is more expensive than 22 karats.Ĥ) 22 karats is used to make jewellery, while 24 karats is not, because it can break rather easily. This is a question that many investors and users of the precious metal would like to know. Gold Price Movement in Chennai, June 2021Ģ2 Carat Gold Rate In Chennai Today Vs 24 Carats Gold Price Movement in Chennai, July 2021 Gold Price Movement in Chennai, August 2021 Gold Price Movement in Chennai, September 2021 Gold Price Movement in Chennai, October 2021
Gold Price Movement in Chennai, November 2021
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