Gold Rate Today: Prices Move up on Holi! Check Current Rates in your city in Delhi, Lucknow and Patna

Gold Rate Today: You might want to wait a little while before making your next gold investment, given the recent surge in the price of yellow metal. Even with the wide range of easily accessible precious metals, gold is still a wise investment. With its high liquidity and propensity to beat inflation, gold is one of the most popular investment options in India. Exchange-traded funds, sovereign gold bond programmes, gold coins, bars, jewellery, gold ETFs, and other goods can all be used to buy gold. Checkout the price list below from Good Returns.

Price of gold in some major cities

The following are the rates of gold of 22 karat in different cities of the nation. According to Good Returns, the rates are as follows.

Gold Rate Today: Checkout the rates on MCX

Investors like to utilise gold because of its historically low correlation with other financial assets, making it a preferred hedge against potential economic downturns. Bond yields often decrease as gold prices rise. Gold futures with a 0.02 percent gain and a maturity date of April 5, 2024 are currently trading at the MCX for Rs 65870 per 10 grammes. In contrast, the current price of silver futures, which have a maturity date of May 3, 2024, is Rs 74810 per kg, an increase of 0.03 percent from the previous trade.

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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