The 24-karat gold, recognised for its purity and greater value, is mainly bought for investment purposes, whereas 22-karat and 18-karat gold are chiefly utilised in the creation of jewellery.

The prices of gold across all purity levels increased, with 24K gold rising by Rs 224 per gram, 22K gold seeing Rs 205 per gram, and 18K gold increasing by Rs 168/g.

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