Gold Rate Today is Rs.4,520/- per gram : Explore Today's 916 Gold Price in India District, TamilNadu & also get 24 Karat & 22 Carat Gold Rate Per Gram or Pavan for last 10 days:
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has the most effective safe haven and hedging properties across a number of countries.
Gold Rate in India Today is Rs.4,520/- per gram
Today's Gold Rate in India ( 21 Oct 2020 )
1. Today's Gold Rate (22K) per gram : Rs.4,520
2. Today's Gold Rate (24K) per gram : Rs.4,893
3. Standard Gold (22 K) ( 8 grams ) One Sovereign or Pavan: Rs.36,160
4. Standard Gold (24 K) ( 8 grams ) One Sovereign or Pavan: Rs.39,144
Some of the economic mechanics of gold have been compared to those of cryptocurrencies. For example, they are both scarce, fungible and do not come attached to debt. Nick Szabo created a digital currency call "bit gold" that mimicked some features of gold.