Gold Rate Today: Gold has shown to be a dependable investment in erratic economic times, often increasing in value when other assets do not. Its value usually stays the same or even rises in an unstable economy. The ongoing devaluation of the US dollar relative to the Indian rupee is one characteristic of the Indian financial sector that sets it apart. Gold is a widely used stand-in because of its propensity to appreciate in value in reaction to fluctuations in exchange rates. Given that the price of gold has recently somewhat increased, you might wish to postpone investing.
Gold Rate Today: Checkout the rates on MCX
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. Gold futures maturing on June 5, 2024, traded at Rs 71270 per 10 grams for 24 carats on the multi-commodity exchange (MCX), up 0.50 percent. However, the price of silver is currently up 0.27 percent to Rs 82100 per kilogram.
Gold Rate Update: Price of gold in some major cities as Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 65750 |
| Delhi | 65900 |
| Kerala | 65750 |
| Pune | 65750 |
| Lucknow | 65900 |
| Patna | 65900 |
| Nagpur | 65750 |
| Chandigarh | 65750 |
| Surat | 65900 |
| Bhubaneswar | 65900 |
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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