On Tuesday, gold rates saw a slight decline across India. In Delhi, 10 grams of 24-carat gold would cost you ₹ 72,970 today. Meanwhile, on the MCX, gold contracts for June delivery traded lower ₹ 430 at ₹ 7,282 per 10 grams.
Gold is regarded as a reliable hedge against inflation, and for good reason! This reputation stems from its tendency to either maintain or increase in value during periods of inflationary pressure. In fact, this very quality makes gold an attractive option for investors looking to safeguard their wealth from inflation’s detrimental effects.
Gold is regarded as a reliable hedge against inflation, and for good reason! This reputation stems from its tendency to either maintain or increase in value during periods of inflationary pressure. In fact, this very quality makes gold an attractive option for investors looking to safeguard their wealth from inflation’s detrimental effects.
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Gold rate today: Latest gold rates in Mumbai, Delhi, Kolkata, Bengaluru, Chennai and other Indian cities
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