Gold Rate Today: Prices of yellow metal increase, Silver shoots up drastically; check current rates in your city

Gold Rate Today: Since gold prices are usually less volatile than those of stocks, gold is seen as a relatively safe investment. People use gold and other valuable metals to diversify their holdings and act as a hedge against other assets that depreciate in value. Investors have always been enthralled by gold, whether it was a prospector in the previous century sorting through nuggets or a contemporary financial wizard browsing the internet for buy opportunities. Exchange-traded funds, coins, bullion, and derivatives are just a few of the ways that gold can be bought these days.

Gold Rate Today: Price of gold as per Good Returns

Checkout the rates on MCX

Gold futures with a maturity date of August 5, 2024 are currently trading for Rs 73225 per 10 grams on the MCX. The closure represents a 0.77 percent increase over the prior one. Silver futures with a September 5, 2024, maturity date are now selling for Rs 94216 per kilogram on the MCX. Since then, there has been an increase of 1.49 percent.

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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