Gold Rate Today: Prices of precious metals move up! Should you wait?

The Good Returns states that the current price of gold in India is Rs 7,402 per gramme for 24 carat gold and Rs 6,785 per gram for 22 carat gold.

Gold Rate Today

Gold Rate Today: Gold’s historical use as an inflation hedge is one reason it has remained a well-liked asset. Additionally, gold can aid with portfolio diversification. Owing to this unquenchable need, a variety of gold investment options have been made available over time, including mutual funds, exchange-traded funds (ETFs), digital gold, minted products (coins and bars), and gold bonds. While gold ETFs and bonds have custodian hazards and other risks not associated with physical gold, physical gold is subject to theft and burglary risks.

Gold Rate Today: Price of gold as per Good Returns

Name of citiesPrices of 22k gold in rupees
Mumbai67850
Delhi68000
Kerala67850
Pune67850
Lucknow68000
Patna68000
Nagpur67850
Chandigarh67850
Surat68000
Bhubaneswar68000

Checkout the rates on MCX

Gold futures with a maturity date of August 5, 2024 are currently selling for Rs 74182 per 10 grams on the MCX. It is a 0.97 percent increase over the prior closing. However, the current price of silver futures, which mature on September 5, 2024, is Rs 93959 per kilogram on the MCX. It has increased from their prior value by 1.50 percent. You may wait for some time to invest in the market until the price drops.

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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