Gold Rate Today: As the popularity of a product or service grows, so does its price, creating a direct correlation between demand and cost. Furthermore, the desire for gold and silver among the public on Janmashtami may be one of the reason behind the rise in the prices of these precious metals. The fact that so many people purchase little gold or silver idols of Lord Krishna could lead to an increase in the cost of these metals. According to MCX statistics, the prices of both metals have somewhat increased. As a result, a few investors might put their purchasing decisions on hold, anticipating a potential price correction in the near future.
Checkout the rates on MCX
On the MCX, gold futures with a October 5, 2024, maturity date are presently trading for Rs 71881 per 10 grams. The closing is 0.14 percent higher than the previous one. On the MCX, silver futures with a maturity date of September 5, 2024, are currently trading for Rs 85299 per kilogram. There has been a 0.10 percent increase from their previous value.
Gold Rate Today: Price of gold as per Good Returns
The increased rates of 22 carat gold in different cities of the nation are as follows.
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 66950 |
| Delhi | 67100 |
| Kerala | 66950 |
| Pune | 66950 |
| Lucknow | 67100 |
| Patna | 67100 |
| Nagpur | 66950 |
| Chandigarh | 66950 |
| Surat | 67100 |
| Bhubaneswar | 67100 |
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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