Gold, Silver and other precious metal prices in India on Dec 21, 2020(Reuters)
Gold, Silver and other precious metal prices in India on Dec 21, 2020(Reuters)

Gold price at Rs 49,730 per 10 gram today, higher than week’s average

Get latest update on daily spot gold prices, currency exchange rates and other precious metal rates in India
HT Analytics | By HT Analytics
UPDATED ON DEC 21, 2020 10:14 AM IST

The spot gold price today(Rs. 49730) is higher than this week's average of Rs. 49582.85 by 0.3%. The price was higher than yesterday's value of Rs. 49720.

The Indian spot gold price as of today is Rs. 49730 which grew by 0.02%; the rate was lower than the global gold spot growth rate of 1.58%. The global spot price is $1896.9.

Gold and other precious metals on Dec 21, 2020

Gold prices continued their uptrend today as compared to yesterday in the global market. Spot gold rose by 1.58% to $1896.9 per Troy ounce. This price level is 3.27% higher than average gold price observed in the past 30 days ($1834.8). Among other precious metals, silver prices edged higher today. Silver gained 3.23% to $26.6 per Troy ounce.

Further, platinum price has shown an uptick. The precious metal platinum rose 0.77% to $1048.5 per Troy ounce. Meanwhile in India, gold was priced at Rs. 50533 per 10 gram on MCX, with a change of Rs. 0.0. Also, the price of 24k gold in the Indian spot market was quoted at Rs. 49730 . 

MCX Gold on Dec 21, 2020

On MCX, gold futures prices in India jumped 0.19% to Rs. 50858.0 per 10 gram. In the previous session, gold was up 1.29% or about Rs. 96.63 per 10 gram.

On MCX, silver futures grew nearly 3% or Rs. 2099.52 per kg to the price level of Rs. 69984 per kg.

The gold spot price today (Rs. 49730) increased by Rs. 0.0 from yesterday (Rs. 49720), along with global spot prices growth of $29.0 to $1896.9 value today. No change was seen in MCX future price as of today, and had a value of Rs. 50533.

Currency Exchange Rate on Dec 21, 2020

The dollar to rupee conversion has been constant since yesterday and any fluctuation today in the gold price would suggest no relation with the dollar value.

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