Gold Rate Today: Gold and silver are majorly used for making jewellery items in India. These metals are considered as very precious. The gold metal used in jewellery are 22 carats , whereas from 24 carats gold, jewelleries are not made. The change in the rates of gold and silver decides the amount of investors in the market. IBJA and MCX are the two official sites to know the current gold and silver rates of each day. Along with these metals, there are also few other things, that are available on MCX. It includes the rate of crude oil, Natural Gas, Copper, Zinc and others.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 66850 |
| Delhi | 67000 |
| Kerala | 66850 |
| Pune | 66850 |
| Lucknow | 67000 |
| Patna | 67000 |
| Nagpur | 66850 |
| Chandigarh | 66850 |
| Surat | 67000 |
| Bhubaneswar | 67000 |
Gold Rate Today: Checkout the rates on MCX
Investors favour gold as a hedge against potential economic downturns because of its historically low correlation with other financial assets. Gold futures with a June 5, 2024 maturity date are trading at Rs 71486 per 10 grams on the MCX with an decrease of 0.02 percent. Whereas the MCX saw a 0.08 percent increase in the price of silver futures, which mature on May 3, 2024, and are trading at Rs 80745 per kg.
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