Gold Rate Todayb In the current economic climate, an increasing number of investors around the country are being driven to look into unconventional investment alternatives, like gold. When beginning your gold investing adventure, there are still a few challenges to face, even if you may be experienced with traditional investment possibilities. Investing in gold has never been simpler due to its stable profit margins and quick liquidity procedure. 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.
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 | 60900 |
Kerala | 60750 |
Pune | 60750 |
Lucknow | 60900 |
Patna | 60900 |
Nagpur | 60750 |
Chandigarh | 60750 |
Surat | 60900 |
Bhubaneswar | 60900 |
Mumbai | 60750 |
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 percent increase that is a Flat, gold futures with a maturity date of April 5, 2024 and a price of Rs 65545 per 10 grammes are currently trading at the MCX. Conversely, May 3, 2024, maturity date silver futures are now selling at Rs 75670 per kg, up 0.03 percent from the previous deal.
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.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER