Gold Rate Today: Many people choose to invest in gold each year. It is one of the country’s most traditional types of investing. There are many benefits to investing in gold. One of the most well-known investments that ensure safety among other assets is gold. This is also one of the main reasons for the yearly increase in gold prices because of the growing demand for gold year after year. Due to the global stability of gold prices, investors can make larger bets. The current price of gold in India is Rs 5,335 per gram for 22k gold and Rs 5,820 per gram for 24k gold, commonly known as 999 gold.
Price of gold in some major cities
Name of cities | Prices of 22k gold in rupees |
Mumbai | 53350 |
Delhi | 54500 |
Kolkata | 53350 |
Bangalore | 53350 |
Pune | 53350 |
Vadodara | 53400 |
Jaipur | 54500 |
Lucknow | 54500 |
Gold Rate Today: On MCX
The price of the 10-gram gold futures contract on the MCX for October 5, 2023 decreased by 0.47 percent to Rs 57575. Silver futures contracts with September 5, 2023 delivery dates currently have a value of Rs. 69870, which is 1.03% less than the contract’s value on December 5, 2023. Due to the fact that gold’s price rises in response to situations that cause the value of paper investments like stocks and bonds to decrease, it should play a significant role in a diversified investment portfolio. Gold has always maintained its value over the long run, despite the fact that its price can fluctuate in the short term.
Here’s how to know the latest price of gold by giving a missed call
You can give a missed call on 8955664433 to know the retail rates of gold. Shortly after giving a miss call on this number, you will get the rates through SMS. Along with this, you can see www.ibja.com or ibjarates.com for constant updates or information.
Gold Rate Today: This is how you can determine the purity of gold
If you want to check the purity of gold right now, the government has created an app for that. Customers can check the purity of gold using the BIS Care app. You can use this app to not only check the purity of gold, but also to file a complaint about it.
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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