Gold Buyers Opt for 18-Carat Over 22-Carat Amid Soaring Prices
As per ANI reports, a growing number of gold buyers are now choosing 18-carat gold over the traditionally preferred 22-carat, mainly due to the rising cost of gold. According to the Malabar Group, one of India’s leading jewellery brands, there has been a noticeable shift in customer interest toward 18-carat jewellery, as it is more affordable than 22-carat options.
In India, gold holds both aesthetic and investment value. It’s commonly purchased during festivals, weddings, and special occasions — not just for personal use, but also as a meaningful gift. However, with gold prices reaching record highs in recent months, many buyers are finding it difficult to afford 22-carat jewellery.
Although 22-carat gold is widely regarded as the standard for jewellery due to its 91.6% purity, the steep price has led many consumers to consider the more budget-friendly 18-carat gold, which contains 75% gold and 25% alloy.
Is 18-Carat Gold a Good Option?
Yes, 18-carat gold is still a reliable and certified choice. It is BIS hallmarked, ensuring authenticity and purity. While it has a slightly lower gold content compared to 22-carat, it offers a more economical alternative without compromising too much on quality or appearance. 22-carat gold contains 91.6% pure gold, while 18-carat gold has 75% pure gold. The rest is made up of alloy metals added for strength and durability. The same design also available in 18 carat jewelries also.
Gold Price Today
24K Gold /g – ₹9,748
22K Gold /g – ₹8,935
18K Gold /g – ₹7,311
Highlights:
- Buyers are switching to 18-carat gold due to high prices of 22-carat.
Malabar Group confirms rising demand for 18-carat jewellery.
Gold is popular in India for both investment and gifting.
22-carat gold has become less affordable in recent months.
RBI has nearly doubled gold’s share in forex reserves since 2021.
22-carat gold = 91.6% pure; 18-carat gold = 75% pure.
18-carat gold is BIS hallmarked and certified.
Same jewellery designs available in 18-carat.
The Eastern Times
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