Gold Rate Today: Prices of yellow metal move up, silver slide; Check current rates in your city

Gold Rate Today: Although buying gold coins, bullion, and jewellery is not the only way to save money on gold in India, the ideal way to invest in gold will rely on your tastes as well as considerations like your investment size and liquidity requirements. While gold mutual funds and ETFs are better suited for individuals with experience investing in stocks and mutual funds, digital gold is a virtual asset. Sovereign gold bonds, on the other hand, provide a gold investment alternative backed by the government. Here we have mentioned the gold prices of some of the major Indian cities, according to the Good Returns.

Gold Rate Today: Price of gold in some major cities

Gold Rate Update: Checkout the rates on MCX

Mutual funds called Gold ETFs follow the local price of actual gold. The fund management business purchases gold bullion with your money. Investing in gold ETFs is secure and strictly regulated since they are listed and traded on stock markets. With a slight increase of 0.80 percent, gold futures with a October 5, 2024 maturity date are trading at Rs 70211 per 10 grammes on the MCX. The price of silver futures, which mature on September 5, 2024, saw a decrease of 0.39 percent, and are trading at Rs 83274 per kg on the MCX.

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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