Gold Rate Today: Prices of precious metals shoot up! Check current rates in your city Dehradun to Mumbai

Gold Rate Today: Gold is one of the most well-known precious commodities in the world. Throughout history, gold has fulfilled numerous functions that have crossed cultural boundaries, such as serving as money, essential parts for electronics, and priceless handcrafted jewellery. People who want to invest in a variety of assets, including precious metals, like gold and silver, may invest or wait for a price drop. Gold's steady profit margins and easy liquidity process make investing in it easier than ever. You might wish to put off investing because gold has recently seen a slight boost in price.

Gold Rate Today: Price of gold in some major cities

According to Money Control, the rate of 22 carat Gold in Dehradun is Rs 69600 for 10 grams.

Gold Rate Today: Checkout the rates on MCX

The historically low correlation of gold with other financial assets makes it a popular choice among investors as a hedge against potential economic downturns. Rising gold prices usually result in lower bond yields. With a slight increase of 0.17 percent, gold futures with a August 5, 2024 maturity date were trading at Rs 74261 per 10 grams on the MCX. The price of silver futures, which mature on September 5, 2024, saw an increase of 0.31 percent, and were trading at Rs 92225 per kg on the MCX.

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.)

Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER