Gold Rate Today: If you want to, this is your time to buy precious metals. Prices for both silver and gold are somewhat down. You can find out the price of gold here if you wish to invest in it or buy gold jewellery for yourself. Even institutional investors have been compelled to participate in this asset, which is a source of long-term gains, due to the altering speed of economic growth. The current price of gold in India is Rs 5,490 per gram for 22k gold and Rs 5,989 per gram for 24k gold, commonly known as 999 gold.
Prices of gold in some major cities
Name of cities | Prices of 22k gold in rupees | Prices of 24k gold in rupees |
Delhi | 55,050 | 60,040 |
Kolkata | 54,900 | 59,890 |
Hyderabad | 54,900 | 59,890 |
Kerala | 54,900 | 59,890 |
Pune | 54,900 | 59,890 |
Ahmedabad | 54,950 | 59,940 |
Vijayawada | 54,900 | 59,890 |
Patna | 54,950 | 59,940 |
Chandigarh | 55,050 | 60,040 |
Bhubaneswar | 54,900 | 59,890 |
Mangalore | 54,900 | 59,890 |
Gold Rate Today: On MCX
The cost of the October 5, 2023 expiring 10-gram gold futures contract declined 0.12 percent to Rs 59015 on the MCX. Priced at Rs. 71832 for delivery on September 5, 2023, silver futures with a December 5, 2023, expiration date are down 0.88% from their previous price. One should make sure that the gold you intend to buy is pure. Gold purity is measured in carats, with 24 being the purest. It must be alloyed with other metals to make 24K gold stronger, which makes it supple and liquid. For instance, 91.6 percent of 22k gold is made up of 22 parts gold and 2 parts other metals. Gold’s purity affects how much it costs.
You can get the latest prices of gold by giving a missed call
You can phone 8955664433 and leave a missed call to get the retail price of gold. You will receive the prices by SMS shortly after making a missed call to this number. Additionally, for ongoing updates or information, visit www.ibja.com or ibjarates.com.
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.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER