Gold Rate Today: Prices of Precious Metals Move Down South! Is it the Right Time to Buy?

The Good Returns states that the current price of gold in India is Rs 7,358 per gram for 24 carat gold and Rs 6,745 per gram for 22 carat gold.

Gold Rate Today

Gold Rate Today: Purchasing gold as an investment allows investors to diversify. By keeping gold in your portfolio, you can lower risks like extreme market volatility. Gold prices are ideal for risk-averse investors because less volatility is predicted for them. Indian culture and customs have been firmly rooted in gold for thousands of years. However, gold has recently gained popularity as an investment option in India. The nation and this precious metal have a long history together and are vital to the country’s economy. Although gold has always been associated with the elderly, millennials are also increasingly choosing to invest in gold thanks to contemporary methods.

Gold Rate Today: Price of gold as per Good Returns

Name of citiesPrices of 22k gold in rupees
Mumbai67450
Delhi67600
Kerala67450
Pune67450
Lucknow67600
Patna67600
Nagpur67450
Chandigarh67450
Surat67600
Bhubaneswar67600

Checkout the rates on MCX

Gold futures with a maturity date of August 5, 2024 are currently selling for Rs 72707 per 10 grams on the MCX. It is a 0.47 percent decrease over the prior closing. However, the current price of silver futures, which mature on July 5, 2024, is Rs 93481 per kilogram on the MCX. It has decreased from their prior value by 0.08 percent. As the prices of these precious metal went down, so you can make up your mind if you are looking for to buy these items.

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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