Gold Rate Today: Gold has long been seen as a home investment and a means of achieving financial stability. However, the common people of the nation now see gold as an investment to diversify their portfolio rather than just a physical asset because of the way the financial sector has changed. For a gold investment strategy, investors might search for minimal transaction costs and taxes, investment amounts, flexibility, and excellent returns without sacrificing liquidity. In addition to this, Indians have historically viewed gold jewellery as a secure means of investing in gold, particularly in rural and small towns. This belief may have stemmed from a lack of knowledge or accessibility of alternative investment options. As of today, the rate of gold has increased from the previous closing.
Checkout the rates on MCX
You must choose the jeweller carefully before making your buy. When purchasing jewellery as an investment, the buyers should be sure to get hallmarked pieces. This is significant if you decide to resale the jewellery since it indicates that the purity of the gold has been confirmed by a government procedure. The gold futures on the MCX with a maturity date of October 4, 2024 are currently trading at Rs 72021 per 10 grams. It is up by 0.39 percent from the previous closing. While the silver futures with a maturity date of September 5, 2024 are currently trading at Rs 84680 per kilogram. The rate of silver is up by 0.84 percent from the previous regular closing, this is a significant increase in the rate of silver.
Gold Rate Today: Price of gold as per Good Returns
The current rates of 22 carat of Gold in different cities of the nation are listed below as per the data of Good Returns.
| Name of cities | Prices of 22k gold in rupees |
| Mumbai | 67150 |
| Delhi | 67300 |
| Kerala | 67150 |
| Pune | 67150 |
| Lucknow | 67300 |
| Patna | 67300 |
| Nagpur | 67150 |
| Chandigarh | 67150 |
| Surat | 67300 |
| Bhubaneswar | 67300 |
Gold and silver buyers must check the current rates of these metals before they make up their mind to buy them. It can help them to assist them in their investment plans. However, the rates of these metals depends upon a a lot of things which can move forward or backward as per the market trends.
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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