Gold Rate Today: Prices of Precious Metals Slip! Check Rates in Lucknow and Mumbai Before You Head Out to Buy

Gold Rate Today: In India, gold is among the most favoured asset classes. Aside from the allure and status of gold, its main selling features are its high liquidity and ability to fight inflation. Gold prices typically soar during periods of market volatility. While there are times when gold prices decline, these periods are usually brief and followed by a steady recovery. Gold has always been a popular investment because it can be used as a hedge against practically every type of risk, including war, inflation, economic instability, and currency swings. Here we have mentioned the current gold rates in your city below.

Gold Rate Today: Checkout the rates on MCX

On the MCX, gold futures with a June 5, 2024, maturity date are presently trading for Rs 70905 per 10 grams, down 0.41 percent. For investors who are more comfortable buying equities and bonds online, purchasing actual gold can be difficult. You’ll typically deal with dealers that aren’t affiliated with standard brokerages when it comes to physical gold, and you’ll probably need to cover the cost of storage as well as get investment insurance. The MCX is now offering silver futures, which mature on May 3, 2024, for Rs 80523 a kilogram, an decrease of 0.07 percent over their previous trading price.

Gold Rate Today: Price of gold as per Good Returns

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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