Gold Rate Today: Prices of precious metals in a free fall? Is it the right time to buy

According to The Good Returns, the price of gold in India right now is Rs 6,640 for 22 carat gold and Rs 7,244 for 24 carat gold per gram.

Gold Rate Today

Gold Rate Today: The value of precious metals like Gold and Silver are increasing day by day. Since last many years, everyone is witnessing the increments in their price. It also shows that these are considered as the essential metals in India as the demand for these metals have not been declined yet. However, the gold and silver prices are regulated by a number of elements including its international trade. Today, both the gold and silver saw a decline in its price. Additionally, the rise and fall in the price of these metals are always noticed. So, if you are willing to buy the gold or silver items, then you may take your decision to buy them now. As it is also possible that in the coming days, you may see major fall in their prices. But it can’t be predicted exactly about the future prices.

Gold Rate Today: Price of gold as per Good Returns

According to Good Returns, the following are the rates of gold of 22 carat as of May 27.

Name of citiesPrices of 22k gold in Rupees
Mumbai66400
Delhi66550
Kerala66400
Pune66400
Lucknow66550
Patna66450
Ahmedabad66450
Hyderabad66400
Vadodara66450
Bhubaneswar66400

Prices of THESE precious metals

The current price of 10 gram of yellow metal futures with a maturity date of June 5, 2024, on the MCX is Rs 71279. Compared to the prior closure, it is 0.42 percent less. However, silver with a maturity date of July 5, 2024 are currently trading on the MCX for Rs 90540 a kg. It is low by 0.01 percent from their previous price. According to IBJA, the rate of 24 carat Gold is Rs 7203 while Rs 6598 for 22 carat of Gold per 1 gram.

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