Gold Rate Today: Investing is essential to building wealth and ensuring one’s future. Investment opportunities today include bonds, mutual funds, stocks, exchange-traded funds (ETFs), and a myriad of other possibilities. Since all investments have a risk-reward ratio, determining the risk profile is the first step in choosing the optimal investment choice. Gold is a very liquid asset that can reduce investor credit risk. In India, gold is frequently used to make jewellery because of its inherent cultural value. Additionally, investing in gold can help diversify a portfolio due to its low correlation, low volatility, and utilitarian value.
Gold Rate Today: Price of gold as per Good Returns
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 64950 |
| Delhi | 65100 |
| Kerala | 64950 |
| Pune | 64950 |
| Lucknow | 65100 |
| Patna | 65100 |
| Nagpur | 64950 |
| Chandigarh | 64950 |
| Surat | 65100 |
| Bhubaneswar | 65100 |
Checkout the rates on MCX
Gold has historically had a low correlation with other financial assets, which makes it a preferred hedge against potential economic downturns. Gold futures with a maturity date of August 5, 2024 are currently trading on the MCX at Rs 69174 per 10 grams. It is higher than the previous closing by 0.97 percent. However, the value of silver futures, which mature on September 5, 2024, has increased by 0.64 percent and is currently trading on the MCX at Rs 85460 per kilogram.
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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