HomeCURRENT AFFAIRSBUSINESSGold Rate Today: Buying Precious Metals in India Gets Dearer, Prices jump

Gold Rate Today: Buying Precious Metals in India Gets Dearer, Prices jump

The price of gold in India right now is Rs 6,625 per gram for 22-karat gold and Rs 7,227 per gram for 24-karat gold, according to the Good Returns.

Gold Rate Today: Gold has long been seen as a home investment and a means of achieving financial stability. Indians now see gold as an investment to diversify their portfolio rather than just a physical asset because of the way the financial sector has changed. For a gold investment strategy, investors might search for minimal transaction costs and taxes, investment amounts, flexibility, and excellent returns without sacrificing liquidity. Gold is the best investment if you want to keep your money ahead of inflation. The MCX data indicates a sharp increase in the price of gold and silver. Based on Good Returns, we’ve added the gold prices in a few key cities below.

Checkout the rates on MCX

On the MCX, gold futures with a June 5, 2024, maturity date are presently trading for Rs 71225 per 10 grammes. The closing is 0.11 percent higher than the previous one. On the MCX, silver futures with a maturity date of July 5, 2024, are now trading for Rs 83085 per kilogramme. There has been a 0.25 percent gain from their previous value. Gold is still a wise investment for people to make today. The buying power of gold has not changed, just like that of other assets and money.

Gold Rate Today: Price of gold as per Good Returns

Name of citiesPrices of 22k gold in rupees
Mumbai66250
Delhi66400
Kerala66250
Pune66250
Lucknow66400
Patna66400
Nagpur66250
Chandigarh66250
Surat66400
Bhubaneswar66400

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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