Gold Prices Today, March 2, 2024

Gold opened on Saturday, March 2nd, at Rs. 5,875 per gram.

If you are pursuing investment success then we are sure you must have looked into acquiring gold as an option to save yourself from uncertainty. To diversify your portfolio it is necessary to invest in all fields of the market. The benefit of having gold in your portfolio is multifold which we are going to discuss further so continue reading.

The current gold price in India is Rs. 6,409 per gram for 24 carats of gold, while 22-carat gold stands at Rs. 5,875 per 1 gram as of March 2nd, 2024. All rates were revised and updated on March 2nd.

Gold Prices For 10 Grams In India as of March 2, 2024

Having gold in your portfolio as an investment is a secure option since the yellow metal has proved to be a secure asset time and again. It is always beneficial though to have gold in the form of bonds instead of its actual physical form since it is a liquid asset that can be treated as an emergency fund during tough times. Physical gold will always cost you more with the imported rates and making charges and give you less when you go to sell it since you will only get the market value of the carats present in your physical gold at the time. 

The yellow metal can be considered as an investment in terms of bonds because of the interest rates it provides as well. You can always earn interest on it which will not be possible on physical gold. You also will be exempt from renting a locker to store these bonds which is an extra charge applicable when investing in the physical form of gold.

22 Carat Gold Price in India Today

24 Carat Gold Price in India Today