Gold Rate Today: There are various methods for buying gold. In addition to choosing the investment that best suits their objectives, investors should think about the possibilities that are available to them in their market. Many people buy gold and silver ornaments as gifts for their friends and family during Eid. But you may have to wait a long as yellow metal has become somewhat more expensive. Using Internet Investment Gold (IIG) to enter the gold market is becoming more and more popular. With Internet Investment Gold, investors can purchase real gold online, have it stored in reputable vaults, and retrieve it as needed. Therefore, investing online is also quite convenient.
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 | 64300 |
| Kerala | 64150 |
| Pune | 64150 |
| Lucknow | 64300 |
| Patna | 64300 |
| Nagpur | 64150 |
| Chandigarh | 64150 |
| Surat | 64300 |
| Bhubaneswar | 64300 |
| Mumbai | 64150 |
In the capital city of Uttarakhand, i.e, Dehradun, the rate of 22 carat gold is Rs 65,750 as per the reports of money control.
Gold Rate Today: Checkout the rates on MCX
Gold futures with a maturity date of June 5, 2024, and a price of Rs 70566 per 10 grams are presently trading at the MCX after rising 1.23% percent just before Eid. On the other hand, silver futures with a maturity date of May 3, 2024, are currently trading at Rs 80851 per kg, up 1.08 percent from the last deal. 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.
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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