Gold Rate Today: Even with the plethora of easily accessible precious metals, gold is still a wise investment. With its high liquidity and propensity to beat inflation, gold is one of the most popular investment options in India. Exchange-traded funds, sovereign gold bond programmes, gold coins, bars, jewellery, gold ETFs, and other goods can all be used to buy gold. Still, given the recent surge in the price of yellow metal, you may want to wait a bit before making your next gold 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 | 61400 |
| Kerala | 61250 |
| Pune | 61250 |
| Lucknow | 61400 |
| Patna | 61400 |
| Nagpur | 61250 |
| Chandigarh | 61250 |
| Surat | 61400 |
| Bhubaneswar | 61400 |
| Mumbai | 61250 |
Gold Rate Today: Checkout the rates on MCX
Due to its historically low correlation with other financial assets, investors prefer to utilise gold as a hedge against prospective economic downturns. Bond yields typically decrease in response to rising gold prices. Gold futures with a maturity date of April 5, 2024, and a price of Rs 66107 per 10 grammes are presently trading at the MCX after rising 0.38 percent just after Holi. On the other hand, silver futures with a maturity date of May 3, 2024, are currently trading at Rs 75032 per kg, up 0.33 percent from the last 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 or it’s writer 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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