Gold Rate Today: Gold has been associated with prosperity and wealth since antiquity. One of the first methods of diversifying a portfolio was to invest in gold. Gold is still regarded as a wise investment for portfolio hedging and market volatility protection. Whether you are an experienced investor or have a well-diversified portfolio, you ought to think about allocating 5–10% of your entire portfolio to gold. This is a beginner-friendly guide to gold investing. This beginner’s guide to gold investing will cover the benefits of gold investing, various gold investment avenues, gold tax rates, and considerations for gold investments.
Checkout the rates on MCX
Gold futures with a maturity date of June 5, 2024 are currently trading for Rs 72526 per 10 grams on the MCX. The closure represents a 1.24% percent increase over the prior one. Silver futures with a July 5, 2024, maturity date are now selling for Rs 84750 per kilogram on the MCX. Since then, there has been an increase of 0.30 percent. Individuals invest in gold for a variety of reasons. Some people pass down their gold down the years, and maintaining that is significant. It can be useful in marriage or serve as a long-term investment. Others enlist the assistance of qualified financial managers, who suggest gold investments.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 67000 |
| Delhi | 67150 |
| Kerala | 67000 |
| Pune | 67000 |
| Lucknow | 67150 |
| Patna | 67150 |
| Nagpur | 67000 |
| Chandigarh | 67000 |
| Surat | 67150 |
| Bhubaneswar | 67150 |
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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