Gold Rate Today: Because the price of gold usually doesn’t fluctuate with market prices, it is meant to serve as a safe haven during market downturns. Because of this, investing in gold can also be risky because past performance has shown that its price does not constantly rise, especially during periods of strong market performance. When there is anxiety in the market and they anticipate a decline in stock prices, investors often resort to gold.Gold is a good diversification tool because it has a low connection to equity markets, which lowers portfolio volatility and increases risk-adjusted returns. Here we have mentioned the current price of gold in some of the major cities.
Gold Rate Today: Price of gold as per Good Returns
We’ve included the price of gold in a few major cities here, based on Good Returns.
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 68300 |
| Delhi | 68450 |
| Kerala | 68300 |
| Pune | 68300 |
| Lucknow | 68450 |
| Patna | 68450 |
| Nagpur | 68300 |
| Chandigarh | 68300 |
| Surat | 68450 |
| Bhubaneswar | 68450 |
Checkout the rates on MCX
On the MCX, gold futures with a June 5, 2024, maturity date and are presently trading for Rs 74008 per 10 grams. There has been an decrease of 0.48 percent from the previous closure. On the MCX, silver futures with a maturity date of July 5, 2024, are currently trading for Rs 94539 per kilogram. They are now worth 0.76% less than they were before.
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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