Gold Rate Today: Prices of yellow metal move up; Silver soars! Check current rates here

Gold Rate Today: Richness and prosperity have always been linked to gold since ancient times. However, investing in gold is one of the first ways to diversify your wealth. In terms of protecting against market volatility and hedging portfolios, gold is still thought to be a prudent investment. Regardless of your level of knowledge or portfolio diversification, you should consider investing 5–10% of your total asset value in gold. This gold investing process covers everything extra benefits and investment options to tax implications.

People invest in gold for a number of different reasons. Over time, some people pass along their gold, and it's important to preserve that. It might be a long-term investment or beneficial in a marriage. However, some seek the help of certified financial advisors, who recommend gold investments. The customers should update themselves with the rates of gold and silver before buying such items.

Checkout the rates on MCX

Gold futures with a maturity date of October 5, 2024 are currently trading for Rs 71353 per 10 grams on the MCX. The closure represents a 1.74% percent increase over the prior one. Silver futures with a September 5, 2024, maturity date are now selling for Rs 83300 per kilogram on the MCX. Since then, there has been an increase of 4.05 percent.

Gold Rate Today: Price of gold as per Good Returns

The rate of 22 carat gold of different Indian cities are mentioned below as per the data if Good Returns.

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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