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Gold Rate Today: The MCX data shows a sharp decline in the price of both metals, with silver falling more than 4% and gold falling more than 2%. We've listed the gold prices in a few major Indian towns here, based on the Good Returns. Not only is gold an alternative investment class, but it also has significant religious, social, and cultural value in India. Other than the traditional ways of purchasing real gold in the form of coins or jewellery, there are other ways to be exposed to gold. One can diversify their holdings across several asset classes, including stocks of gold mining companies and related assets, by investing in gold mutual funds.
On the MCX, gold futures with a 5 August 2024 maturity date and are presently trading for Rs 71440 per 10 grams. The decrease from the last closure is 2.31 percent. On the MCX, silver futures with a maturity date of July 5, 2024, and are currently trading for Rs 89250 per kilogram. They have decreased in value by 4.87% from their previous value.
We’ve included the price of gold in a few major cities here, based on Good Returns.
Name of cities | Prices of 22k gold in rupees |
Mumbai | 67600 |
Delhi | 67750 |
Kerala | 67600 |
Pune | 67600 |
Lucknow | 67750 |
Patna | 67750 |
Nagpur | 67600 |
Chandigarh | 67600 |
Surat | 67750 |
Bhubaneswar | 67750 |
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 or it’s writer 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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