Gold Rate Today: There are several reasons why a gold investment might be made by an investor. Among other things, investing in it with the hope that its value would rise, using it as a buffer against inflation, and diversifying it with other assets. It’s also understandable that a lot of investors are interested in gold given that prices are almost at all-time highs. Basically, there are two major ways to purchase gold. One is financial assets linked to gold and the other is real gold. The objective of gaining exposure to gold remains the same, despite the fact that these approaches require different qualities and levels of experience, among other things.
Gold Rate Today: Price of gold as per Good Returns
Name of cities | Prices of 22k gold in rupees |
Mumbai | 68400 |
Delhi | 68550 |
Kerala | 68400 |
Pune | 68400 |
Lucknow | 68550 |
Patna | 68550 |
Nagpur | 68400 |
Chandigarh | 68400 |
Surat | 68550 |
Bhubaneswar | 68550 |
Checkout the rates on MCX
Gold futures with a maturity date of June 5, 2024 are currently trading for Rs 73750 per 10 grams on the MCX. It is a 0.05 percent increase over the prior closing. However, the current price of silver futures, which mature on July 5, 2024, is Rs 91149 a kilogram on the MCX. It has increased from their prior value by 0.14 percent. Few investments have ever been as popular as gold as a hedge against practically any form of trouble, including war, inflation, economic instability, and currency changes.
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