Gold Rate Today is Rs.4,590/- per gram : Explore Today's 916 Gold Price in Maharashtra & 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 Maharashtra Today is Rs.4,590/- per gram
Today's Gold Rate in Maharashtra ( 13 Jan 2021 )
1. Today's Gold Rate (22K) per gram : Rs.4,590
2. Today's Gold Rate (24K) per gram : Rs.5,007
3. Standard Gold (22 K) ( 8 grams ) One Sovereign or Pavan: Rs.36,720
4. Standard Gold (24 K) ( 8 grams ) One Sovereign or Pavan: Rs.40,056
Gold Rate in Maharashtra for Last 10 Days
Date
Standard Gold (22 K)
Pure Gold (24 K)
1 gram in Rs
8 grams in Rs
1 gram in Rs
8 grams in Rs
11 Jan 2021
Rs.4,590
Rs.36,720
Rs.5,007
Rs.40,056
10 Jan 2021
Rs.4,631
Rs.37,048
Rs.5,051
Rs.40,408
09 Jan 2021
Rs.4,751
Rs.38,008
Rs.5,181
Rs.41,448
08 Jan 2021
Rs.4,751
Rs.38,008
Rs.5,186
Rs.41,488
07 Jan 2021
Rs.4,801
Rs.38,408
Rs.5,237
Rs.41,896
06 Jan 2021
Rs.4,801
Rs.38,408
Rs.5,237
Rs.41,896
05 Jan 2021
Rs.4,731
Rs.37,848
Rs.5,161
Rs.41,288
04 Jan 2021
Rs.4,730
Rs.37,840
Rs.5,160
Rs.41,280
03 Jan 2021
Rs.4,690
Rs.37,520
Rs.4,925
Rs.39,400
02 Jan 2021
Rs.4,690
Rs.37,520
Rs.4,925
Rs.39,400
Check the Gold Rate in all Districts of Maharashtra
Gold certificates allow gold investors to avoid the risks and costs associated with the transfer and storage of physical bullion (such as theft, large bid-offer spread, and metallurgical assay costs) by taking on a different set of risks and costs associated with the certificate itself (such as commissions, storage fees, and various types of credit risk).
Banks may issue gold certificates for gold that is allocated (fully reserved) or unallocated (pooled). Unallocated gold certificates are a form of fractional reserve banking and do not guarantee an equal exchange for metal in the event of a run on the issuing bank's gold on deposit. Allocated gold certificates should be correlated with specific numbered bars, although it is difficult to determine whether a bank is improperly allocating a single bar to more than one party.
Using leverage
Investors may choose to leverage their position by borrowing money against their existing assets and then purchasing or selling gold on account with the loaned funds. Leverage is also an integral part of trading gold derivatives and unhedged gold mining company shares (see gold mining companies). Leverage or derivatives may increase investment gains but also increases the corresponding risk of capital loss if the trend reverse.
Cryptocurrencies
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.
