Gold Rate Today: Precious metals turn dearer, check current rates in your city from Lucknow to Mumbai

Gold Rate Today: Gold has long served as an excellent inflation hedge. Gold is becoming more popular among investors as a valuable investment. Gold and silver prices have risen. These gold rates are current and sourced from reputable jewellers in the country. Today's gold price in India is Rs 5,510 per gramme for 22k, and Rs 6,011 per gramme for 24k, also known as 999 gold.

Indian Major Cities Gold Rates Today

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 59390 per 10 grammes on the MCX, have increased by 0.75 percent. Meanwhile, the price of silver futures expiring on September 5, 2023 rises 0.40% to Rs 74040 per kilogramme.

Also Read: Gold Rate Today: Price of yellow metal rises to the seventh heaven while silver halts. These are the prices from Delhi to Bangalore

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 more expensive than it was yesterday. Gold has increased in price from Rs. 59385 per 10 kilogrammes to Rs. 59491 per 10 grammes. However, the price of silver per kilogramme jumped from Rs. 73369 to Rs. 73420.

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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