Gold Prices Influenced by Global Macroeconomic Trends

The purity of gold is measured in karats, with different levels suitable for various uses. For investment purposes, 24K gold is recommended due to its high purity level of 99.9%, but it's too soft for jewellery making.

22K gold, on the other hand, is a standard choice for traditional Indian jewellery as it contains 91.6% gold and is alloyed with other metals for added durability.

When buying gold, consider factors such as making charges, GST, and stone deductions, which can impact the final price. Always verify authenticity by looking for the BIS logo, purity grade, and HUID code on the jewellery piece.