Gold prices in India fell sharply today, February 2, with 24K gold reaching INR 14,717 per gram. Following the 2026 Union Budget, this INR 1,341 drop has buyers flocking to stores. Whether buying 24K gold for investment or 22K/18K for jewelry, consumers are advised to check BIS Hallmarking during this significant market correction. Scroll below to know the difference between 24K, 22K and 18K gold.
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