Gold Rate Today: Prices move up North; Check current rates in your city here

Gold Rate Today: Internet Investment Gold (IIG) is a popular way to gain access to the gold market. Investors can buy physical gold from Internet Investment Gold, have it stored in secure vaults, and then claim possession if necessary. As a result, Internet Investment Gold offers benefits such as full physical gold ownership, exposure to gold as an asset class, and convenience. Today’s gold price in India is Rs 5,275 per gramme for 22 karat gold and Rs 5,754 per gramme for 24 karat gold.

Price of gold in some major cities

Gold savings plans

Customers can increase their gold holdings through regular gold savings programmes by making recurring purchases, such weekly or monthly ones. Due to the low minimum deposits and recurring savings amounts, providers of gold savings plans securely keep their clients’ gold on their behalf. These plans are often marketed to mass market consumers.

Gold Rate Today: Prices on MCX

One of the simplest ways to obtain gold as an investment is to purchase investment bars and coins from a bank or reputable dealer. When purchasing gold in various forms, investors must consider transportation, storage, and insurance, as well as paying a premium over the current gold price. On October 5, 2023, the price of the 10-gram gold futures contract on the MCX jumped by 0.51 percent to Rs 56898. Silver futures contracts with delivery dates of September 5, 2023 presently have a value of Rs. 68290, which is Rs. 2.28% less than the contract’s value on December 5, 2023.

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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