Gold Rate Today: Building money and safeguarding one’s future depend on investing. Bonds, mutual funds, equities, exchange-traded funds, and a number of other options are all available as investment alternatives nowadays. The first step in selecting the best investment is figuring out your risk profile, since every investment has a risk-reward ratio. A highly liquid asset that can lower investor credit risk is gold. Given gold’s intrinsic cultural value, jewellery made of it is commonly utilised in India. Additionally, because of its utilitarian value, low correlation, and low volatility, gold investing can aid in portfolio diversification. Check the increased rates of gold in different cities below.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 66600 |
| Delhi | 66750 |
| Kerala | 66600 |
| Pune | 66600 |
| Lucknow | 66750 |
| Patna | 66750 |
| Nagpur | 66600 |
| Chandigarh | 66600 |
| Surat | 66750 |
| Bhubaneswar | 66750 |
Checkout the rates on MCX
Gold is a recommended hedge against future economic downturns since it has traditionally had a low connection with other financial assets. At Rs 71846 per 10 grams, gold futures with a maturity date of October 4, 2024 are presently trading on the MCX. It is 0.37 percent higher than the previous closing. On the other hand, silver futures, which mature on September 5, 2024, are now trading on the MCX for Rs 84932 a kilogramme, up 0.70 percent in value.
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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