Gold Rate Today: According to MCX data, the price of gold jumped slightly on Friday when the market closed and has since remained unchanged, so you might want to postpone making an investment. A growing number of investors nationwide are being compelled by the current state of the economy to consider unorthodox investment options, such as gold. Even if you have experience with more conventional investment options, there are still certain obstacles to overcome while starting your gold investing trip. With its speedy liquidity process and steady profit margins, gold investing has never been easier.
Price of gold in some major cities
The following are the rates of gold of 22 karat in different cities of the nation. According to Good Returns, the rates are as follows.
| Name of cities | Prices of 22k gold in rupees |
| Delhi | 62900 |
| Kerala | 62750 |
| Pune | 62750 |
| Lucknow | 62900 |
| Patna | 62900 |
| Nagpur | 62750 |
| Chandigarh | 62750 |
| Surat | 62900 |
| Bhubaneswar | 62900 |
| Mumbai | 62750 |
Gold Rate Today: Checkout the rates on MCX
As a hedge against potential economic downturns, investors prefer to use gold because of its historically low connection with other financial assets. Rising gold prices usually result in lower bond yields. Following a 0.18 percent increase, gold futures with a maturity date of April 5, 2024 and a price of Rs 67800 per 10 grammes are currently trading at the MCX. Conversely, May 3, 2024, maturity date silver futures are now selling at Rs 75044 per kg, down 0.01 percent from the previous deal. As per the data of money control, the rate of 22 carat gold in Dehradun today is 63750 rupees.
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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