Gold Rate Today: A lot of platforms are offering significant discounts and other incentives, so people are looking forward to the upcoming festivals and buying gifts and other items. It may also be a good idea to purchase decorations made of these precious metals, especially with the minor decrease in the price of gold and silver. Gold has always been the favoured form of money around the world, dating back thousands of years. Gold has limited correlations with other instruments, therefore investors primarily utilise it as a hedge against inflation and political uncertainty.
Gold Rate Today: Checkout the rates on MCX
Gold is a well-liked option among investors as a hedge against future economic downturns due to its historically low correlation with other financial assets. Bond yields often decrease as gold prices rise. Gold futures with a 0.45 percent decrease and a maturity date of April 5, 2024, are currently trading at the MCX for Rs 65601 per 10 grams. However, silver futures with a May 3, 2024, maturity date are currently selling at Rs 75283 a kg, up 0.15 percent from the previous transaction.
Gold Rate Today: Price of gold in some major cities
The rates of gold of 22 karat in different cities of the nation are mentioned here. According to Good Returns, the rates are as follows.
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 60600 |
| Delhi | 60750 |
| Kerala | 60600 |
| Pune | 60600 |
| Lucknow | 60750 |
| Patna | 60750 |
| Nagpur | 60600 |
| Chandigarh | 60600 |
| Surat | 60750 |
| Bhubaneswar | 60750 |
| Dehradun | 60600 |
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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