Gold Rate Today: For many years, gold has been a great inflation hedge. Investors are increasingly recognising gold as a worthwhile investment. The cost of gold has increased while the prices of silver has declined. These gold prices are up-to-date and were obtained from trustworthy local jewellers. The current price of gold in India is Rs 5,510 per gramme for 22k gold and Rs 6,011 per gramme for 24k gold, commonly known as 999 gold.
Gold Rates Today
| City | 22K Today | 24K Today |
| Chennai | ₹55,500 | ₹60,550 |
| Mumbai | ₹55,100 | ₹60,110 |
| Delhi | ₹55,250 | ₹60,260 |
| Kolkata | ₹55,100 | ₹60,110 |
| Bangalore | ₹55,100 | ₹60,110 |
| Hyderabad | ₹55,100 | ₹60,110 |
| Kerala | ₹55,100 | ₹60,110 |
| Pune | ₹55,100 | ₹60,110 |
| Vadodara | ₹55,150 | ₹60,160 |
| Ahmedabad | ₹55,150 | ₹60,160 |
| Jaipur | ₹55,250 | ₹60,260 |
| Lucknow | ₹55,250 | ₹60,260 |
| Coimbatore | ₹55,500 | ₹60,550 |
| Madurai | ₹55,500 | ₹60,550 |
| Vijayawada | ₹55,100 | ₹60,110 |
| Patna | ₹55,150 | ₹60,160 |
| Nagpur | ₹55,100 | ₹60,110 |
| Chandigarh | ₹55,250 | ₹60,260 |
| Surat | ₹55,150 | ₹60,160 |
Gold Rate Today: Know about the gold prices on MCX
Gold was an excellent inflation hedge for a long time. Gold is increasingly seen as a great investment by investors. These current gold prices came from reputable local jewellers. Gold futures for August 4, 2023, which are presently trading at Rs 59450 per 10 grammes on the MCX, have increased by 0.10 percent. Meanwhile, the price of silver futures expiring on September 5, 2023 declined 1.37% to Rs 72933 per kilogramme.
Gold Rate Today: Know the prices on IBJA
The Russian-Ukrainian war and the numerous sanctions imposed on Russia helped to support gold prices in 2022. Prices of various export goods like oil, metals, and wheat have also increased. This has led to higher inflation as a result. Higher inflation has been a worry for the past year, and it appears that it will continue to be a worry in 2023. Gold will continue to be in high demand and its prices will rise despite the global bank crisis.
According to IBJA, gold is now less expensive than it was yesterday. Gold has decreased in price from Rs. 59583 per 10 kilogrammes to Rs. 59451 per 10 grammes. However, the price of silver per kilogramme jumped from Rs. 74428 to Rs. 74288.
You can get gold rates by giving a missed call
For information on gold retail prices, you can leave a missed call at 8955664433. You will receive the prices by SMS shortly after giving this number a missed call. In addition, you may always find updates or information at www.ibja.com or ibjarates.com.
Here’s how to check the gold purity
Currently, there is an app available from the government that allows you to check the purity of gold. Using the BIS Care app, customers may determine the purity of gold. Not only can you examine the purity of gold using this app, but you can also complain about it.
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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