Gold Rate Today: When currency rates fluctuate, gold usually loses value, which is why it’s commonly employed as a stand-in. Gold has dropped in price today, so you may wish to invest now or wait for the next market update on gold rates. Gold has historically shown to be a dependable investment in erratic economic times, often increasing in value when other assets do not. Its value frequently stays the same or even rises in an unstable economy. The persistent decline in the value of the US dollar in relation to the Indian rupee is one characteristic that sets out the Indian financial sector from others.
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. Investors favour gold as a hedge against potential economic downturns because of its historically low correlation with other financial assets.
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 | 68450 |
| Nagpur | 68400 |
| Chandigarh | 68550 |
| Surat | 68450 |
| Bhubaneswar | 68400 |
The above mentioned rates of different cities of India has been listed here. The rate of 22 karate gold is specified as per the data of Good returns.
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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