Gold Rate Today: In India, the price of one gram of 22-karat gold is currently Rs 5,875, while one gram of 24-karat gold is Rs 6,409. Even with so many 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. On the other hand, because the price of yellow metal has somewhat climbed, you may temporarily stop investing in gold.
Gold Rate Today: Checkout the rates on MCX
Gold futures with a maturity date of April 5, 2024 and a price of Rs 63600 per 10 grams are currently trading at the MCX after rising by 0.06 percent. Silver futures with a maturity date of March 5, 2024 are currently selling at Rs 72272 per kg on the MCX, down 0.01 percent from the previous trade. Investors favour gold as a hedge against potential economic downturns because of its historically low correlation with other financial assets. Rising gold prices usually result in lower bond yields.
Price of gold in some major cities
| Name of cities | Prices of 22k gold in rupees |
| Delhi | 59400 |
| Kerala | 58750 |
| Pune | 57600 |
| Lucknow | 59400 |
| Patna | 59400 |
| Nagpur | 58750 |
| Chandigarh | 58750 |
| Surat | 59400 |
| Bhubaneswar | 59400 |
| Mumbai | 58750 |
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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