Gold Rate Today: Internet Investment Gold (IIG) is a frequently used method of getting access to the gold market. Investors can purchase actual gold through Internet Investment Gold, have it kept in secure vaults, and then claim ownership if necessary. As a result, Internet Investment Gold provides advantages such full physical gold ownership, exposure to gold as an asset class, and is also very practical. Gold costs Rs. 5,259 per gram for 22 karat gold and Rs. 5,737 per gram for 24 karat gold in India right now.
Price of gold in some major cities
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 52590 |
| Delhi | 52750 |
| Kolkata | 52590 |
| Bangalore | 52590 |
| Pune | 52590 |
| Vadodara | 52650 |
| Jaipur | 52750 |
| Lucknow | 52750 |
Gold savings plans
Customers can increase their gold holdings through regular gold savings programmes by making recurring purchases, such weekly or monthly ones. Due to the low minimum deposits and recurring savings amounts, providers of gold savings plans securely keep their clients’ gold on their behalf. These plans are often marketed to mass market consumers.
Gold Rate Today: Prices on MCX
Purchasing investment bars and coins from a bank or reputable dealer is one of the easiest methods to obtain gold as an investment. Investors must take care of shipping, storage, and insurance as well as paying a premium over the current gold price when purchasing gold in various forms. The price of the 10-gram gold futures contract on the MCX decreased by 0.42 percent to Rs 56690 on October 5, 2023. With delivery dates of September 5, 2023, silver futures contracts currently have a value of Rs. 66856, which is Rs. 0.80% less than the contract’s value on December 5, 2023.
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 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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