In simple words, 916 means the gold is 91.6 grams pure gold per 100 grams. The price of gold is different in every nation due to varied factors like customs duties, currency exchange, taxes ...
Gold Price Today: Good news for yellow metal buyers as gold prices witnesses a drop, with 10 grams of 24-carat gold ...
Yellow metal buyers will have to spend more as Gold price rises, with 24-carat gold witnessing a surge on Friday.