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HomeBUSINESSGold Rate Today: Prices of yellow metal cool on Mother's Day, Silver...

Gold Rate Today: Prices of yellow metal cool on Mother’s Day, Silver moves up; check current rates in your city

In India, however, the cost of gold is currently Rs 6,725 for 22-karat gold and Rs 7,336 for 24-karat gold per gram.

Gold Rate Today: Gold is the most often used precious metal for financial purposes. Purchasing gold is typically done by investors to diversify their risk, particularly when using derivatives and futures contracts. Like other markets, the gold market is prone to speculation and volatility. In several countries, gold has shown to be the most effective safe haven when it comes to precious metal investments, as opposed to other options. If you want to keep your money ahead of inflation, gold is the ideal investment. The MCX data shows that while the price of silver has grown once more, the price of gold has decreased. We’ve included the gold prices in a few significant cities below, based on Good Returns.

Checkout the rates on MCX

Gold futures with a maturity date of June 5, 2024 are currently trading for Rs 72722 per 10 grams on the MCX. The closure represents a 0.01 percent decrease over the prior one. Silver futures with a July 5, 2024, maturity date are now trading for Rs 84984 per kilogram on the MCX. Their former worth has been gain by 0.09 percent. Even now, gold is a prudent investment for anyone to make. Like other assets and money, the buying power of gold has remained constant.

Gold Rate Today: Price of gold as per Good Returns

Name of citiesPrices of 22k gold in rupees
Mumbai67250
Delhi67400
Kerala67250
Pune67250
Lucknow67400
Patna67400
Nagpur67250
Chandigarh67250
Surat67400
Bhubaneswar67400

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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