Gold Rate Today: The MCX data indicates that the price of gold is falling. The purchasers can either buy yellow metal following this reduction in price or they can hold out for a far lower price drop. However, investors purchase gold to spread their risk, particularly when utilising futures and derivatives contracts. But gold is the precious metal most frequently utilised in finance. Similar to other markets, the gold market is speculative and volatile. In several countries, gold has shown to be the most profitable safe haven option for precious metal investments when compared to alternative options.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 64800 |
| Delhi | 64950 |
| Kerala | 64800 |
| Pune | 64800 |
| Lucknow | 64950 |
| Patna | 64950 |
| Nagpur | 64800 |
| Chandigarh | 64800 |
| Surat | 64950 |
| Bhubaneswar | 64950 |
Checkout the rates on MCX
On the MCX, gold futures with a maturity date of October 5, 2024 are trading for Rs 69795 per 10 grams. It has decreased from the previous close by 0.23 percent. The price of silver futures, which mature on September 5, 2024, increased 0.23 percent on the MCX and are currently trading at Rs 82400.
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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