Gold Rate Today: Purchasing gold is typically done by investors to diversify their risk, particularly when using derivatives and futures contracts. Gold is the most often used precious metal for financial purposes. Like other markets, the gold market is prone to speculation and volatility. In several countries, gold has shown to be the most effective safe haven when it comes to precious metal investments, as opposed to other options. The MCX data indicates a decline in the price of gold. After this drop, you can buy yellow metal, or you can hold off till the prices drop even further.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 67850 |
| Delhi | 67800 |
| Kerala | 67850 |
| Pune | 67850 |
| Lucknow | 67800 |
| Patna | 67800 |
| Nagpur | 67850 |
| Chandigarh | 67850 |
| Surat | 67800 |
| Bhubaneswar | 67800 |
Checkout the rates on MCX
On the MCX, gold futures with a maturity date of June 5, 2024 are trading for Rs 72979 per 10 grams. It has decreased from the previous close by 0.17 percent. The price of silver futures, which mature on July 5, 2024, increased 0.50 percent on the MCX and are currently trading at Rs 87303.
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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