Gold Rate Today: Prices Increase! Check Current Rates From Delhi to Mumbai

Gold Rate Today: For a very long time, gold has been India's most popular investment option. This is partially due to the fact that gold assets increase in value and hold their worth throughout unpredictable economic times. Furthermore, gold investments in India can act as a useful diversifier for your portfolio and offer protection against inflation. These days, there are many more choices for gold investment in India than just purchasing real gold. The Good Returns states that the current price of gold in India is Rs 6,895 per gram for 24 carat gold and Rs 6,320 per gram for 22 carat gold.

Gold Rate Today: Price of gold as per Good Returns

Checkout the rates on MCX

Gold futures with a maturity date of August 5, 2024 are currently trading on the MCX at Rs 68680 per 10 grams. It is higher than the previous closing by 0.08 percent. However, the value of silver futures, which mature on September 5, 2024, has increased by 0.58 percent and is currently trading on the MCX at Rs 81755 per kilogram. Gold is a recommended hedge against future economic downturns since it has traditionally had a low connection with other financial assets.

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