Gold Rate Today: In volatile economic, gold has always proven to be a reliable investment, frequently appreciating in value when other assets do not. In an unstable economy, its value typically remains the same or even increases. One feature of the Indian financial environment that makes it unique is the US dollar’s continuous depreciation against the Indian rupee. Because gold tends to increase in value in response to changes in exchange rates, it is a popular stand-in. You might wish to put off investing because gold has recently seen a slight boost in price.
Gold Rate Today : Price of gold in some major cities as per Good Returns
Name of cities | Prices of 22k gold in rupees |
Mumbai | 67200 |
Delhi | 67350 |
Kerala | 67200 |
Pune | 67200 |
Lucknow | 67350 |
Patna | 67350 |
Nagpur | 67200 |
Chandigarh | 67200 |
Surat | 67350 |
Bhubaneswar | 67350 |
Gold Rate Today : Checkout the rates on MCX
Silver futures with a maturity date of May 3, 2024, and are currently trading at Rs 84152 per kg. It is up by1.58 percent from the last deal. Whereas Gold futures with a maturity date of June 5, 2024, and a price of Rs 72820 per 10 grams are presently trading at the MCX after rising 1.64% percent. Because of its historically low correlation with other financial assets, gold is a popular choice among investors seeking to protect against prospective economic downturns. Rising gold prices usually result in lower bond yields.
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