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Gold Rate Today: Yellow Metal in Free Fall? Silver Moves Up, Check Current Rates in Your City

Gold Rate Today: Before purchasing goods like gold and silver, one should compare the current values of precious metals in a few major locations. Depending on their relative quantities, gold and silver can both serve as a hedge against potential market or economic downturns as well as against protracted inflation increases. It will be easier for you to choose which metal is appropriate for your portfolio if you are aware of the applications, technical characteristics, and economic sensitivity of the two metals. We’ve put the current gold prices in a few major cities here to help you find the rates in your closest city.

Gold Rate Today: Price of gold as per Good Returns

Name of citiesPrices of 22k gold in rupees
Mumbai66400
Delhi66550
Kerala66400
Pune66400
Lucknow66550
Patna66550
Nagpur66400
Chandigarh66400
Surat66550
Bhubaneswar66550

Checkout the rates on MCX

On the MCX, gold futures with a June 5, 2024, maturity date are presently selling for Rs 71285 per 10 grams. The closure is a reduction of 0.41 percent from the previous one. On the MCX, silver futures with a maturity date of July 5, 2024, are currently trading for Rs 90596 per kilogram. Their previous value has increased by 0.18 percent. Gold is highly valued worldwide because of its long history, dating back thousands of years and great value. Over the years, people have held onto gold for a variety of reasons. Because civilizations and economies have learned to value gold, its worth has endured.

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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