Gold Rate Update: Prices of precious metals move up; Check current rates in your city here

Gold Rate Update: One popular way to reach the gold market is through Internet Investment Gold (IIG). Through Internet Investment Gold, investors can buy actual gold, store it in safe vaults, and later claim ownership if necessary. Internet Investment Gold so offers benefits such complete physical gold ownership, exposure to gold as an asset class, and is also highly useful. Currently, the price of gold in India is Rs 5,250 for 22 karat gold and Rs 5,723 for 24 karat gold per gram.

Gold Rate Update: Prices on MCX

Purchasing investment bars and coins from a bank or reputable dealer is one of the easiest methods to obtain gold as an investment. Investors must take care of shipping, storage, and insurance as well as paying a premium over the current gold price when purchasing gold in various forms. The price of the 10-gram gold futures contract on the MCX increased by 0.03 percent to Rs 56623 on October 5, 2023. With delivery dates of September 5, 2023, silver futures contracts currently have a value of Rs. 66896, which is Rs. 0.19% more than the contract’s value on December 5, 2023.

Price of gold in some major cities

This is how you can determine the purity of gold

If you want to check the purity of gold right now, the government has created an app for that. Customers can check the purity of gold using the BIS Care app. You can use this app to not only check the purity of gold, but also to file a complaint about it.

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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