Gold Rate Today: Following a Friday gain, the price of gold has remained stable through Saturday. Demand, interest rates, state taxes, gold dealers, bullion associations, shipping costs, and manufacturing charges can all affect gold prices. Gold is a popular investment asset in many countries, including India. The value of gold changes, as do the values of other financial assets. In India, gold prices are currently Rs 5,520 per gram for 22k and Rs 6,022 per gram for 24k, also known as 999 gold. In Delhi, the price of 22k gold is Rs. 55,350.
Checkout the prices in your city
| Name of cities | Price of 22k gold in rupees | Price of 24k gold in rupees |
| Delhi | 55,350 | 60,370 |
| Bangalore | 55,200 | 60,220 |
| Hyderabad | 55,200 | 60,220 |
| Kerala | 55,200 | 60,220 |
| Nagpur | 55,200 | 60,220 |
| Surat | 55,250 | 60,270 |
| Nashik | 55,230 | 60,250 |
| Gurgaon | 55,350 | 60,370 |
Gold Rate Today: On MCX
Gold has not given exceptionally impressive returns in recent years. As a result, it is best to buy only to broaden your selection. Gold would rise if any other asset class decreased, such as equities or real estate. As a result, it is regarded as a haven asset. On the MCX, the price of the 10-gram gold futures contract increased by 0.04 percent to Rs 59399, maturing on October 5, 2023. Meanwhile, silver futures expiring on December 5, 2023 are currently priced at Rs. 75126 for delivery on September 5, 2023, a 0.73% decrease.
Checkout the purity of gold
Before buying gold, evaluate its purity, which is measured in carats, with 24 carats being the purest. 24K gold is pliable and liquid, and to become stronger, it must be alloyed with other metals. For example, 22k gold is made up of 22 parts gold (91.6 percent) and 2 parts other metals. The purer the gold, the higher the price.
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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