Gold Rate Today: Investing in gold provides numerous opportunities. Aside from matching with one’s financial goals, investors should research the possibilities available in their market. Many people use gold and silver decorations for many special events such as upcoming Ramnawmi. However, given the recent increase in the price of gold, it may be prudent to hold out for a favourable purchasing opportunity. Meanwhile, online gold investment is growing, especially with Internet Investment Gold (IIG). Investors can buy genuine gold online, keep it safe in vaults, and utilise it as needed. As a result, online investing is both convenient and practical.
Price of gold in some major cities
The rates of gold of 22 karat in different cities of the nation, as per the data of Good Returns.
| Name of cities | Prices of 22k gold in rupees |
| Delhi | 66350 |
| Kerala | 66200 |
| Pune | 66200 |
| Lucknow | 66350 |
| Patna | 66350 |
| Nagpur | 66200 |
| Chandigarh | 66200 |
| Surat | 66350 |
| Bhubaneswar | 66350 |
| Mumbai | 66200 |
Gold Rate Today: Checkout the rates on MCX
Gold futures with a maturity date of June 5, 2024, and a price of Rs 71373 per 10 grams are presently trading at the MCX after rising 0.16% percent. On the other hand, silver futures with a maturity date of May 3, 2024, are currently trading at Rs 82540 per kg, down 0.09 percent from the last deal. Due to its historically low correlation with other financial assets, investors prefer to utilise gold as a hedge against prospective economic downturns. Bond yields typically decrease in response to rising gold prices.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited or it’s writer never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
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