Gold Rate Today: The rise or fall of prices of gold and silver in the market affects the buyers. However if the market trend shows an upswing in the rate of these precious metals then people usually do not decide to buy them. But if the rate decreases than the previous closing of the market, then it influences a plethora of customers to buy them. Moreover, the rates are lower than the previous closing since the market was closed at the weekend on Friday at a drop. So this can be the time to buy the golden items if you are planning for it. Meanwhile, you may wait if you are planning to buy silver items, as it’s increased rates are constant after its closing on Friday
How to buy gold?
It’s not a valid justification to purchase an investment just because something is readily available. But owning gold is now lot simpler. Due to the ease of ownership provided by exchange-traded funds (ETFs) and mutual funds, investing in gold has become more accessible. You can own electronic shares that symbolise gold instead of having to buy actual gold. It is now simpler to hold, sell, own, and safeguard as a result. Buying gold coins and bullion is another easy way to invest in gold. Those who value physical assets above digital ones, such as ETF shares, are partial to this approach.
Checkout the rates on MCX
With a maturity date of August 5, 2024, the gold futures on the MCX are currently trading for Rs 71955 per 10 grammes. There has been a decrease of 0.01 percent from the last closure. However the present value of the silver with a maturity date of July 5, 2024 futures at Rs 89155 per kg. The current regular closure is 0.07 percent more than the previous one.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 66500 |
| Delhi | 66650 |
| Kerala | 66500 |
| Pune | 66500 |
| Lucknow | 66650 |
| Patna | 66650 |
| Nagpur | 66500 |
| Chandigarh | 66500 |
| Surat | 66650 |
| Bhubaneswar | 66650 |
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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