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Gold rate goes up to Rs 51,000, silver prices plunge 0.76%
Get latest update on daily spot gold prices, currency exchange rates and other precious metal rates in India
An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to Rs 51,000 from Rs 50,990. It was also higher than the previous week average of Rs 50,902.86 by 0.19%.
The spot gold prices in India(Rs51,000) witnessed a growth of 0.02%, despite global gold prices($1,892) saw a drop of 0.13%.
Gold and other precious metals on Nov 03, 2020
Global spot prices dropped doen as per the current close with a value of $1,892 per Troy ounce. The total downturn being of -0.13%. This price level is 0.44% lower than average gold price observed in the past 30 days ($1,900.4). Among other precious metals, silver prices saw a fall today. Silver plunged 0.76% to $24.0 per Troy ounce.
Further, platinum price has suffered. The precious metal platinum fell 0.17% to $860.5 per Troy ounce. Meanwhile in India, gold was priced at Rs 51,015 per 10 gram on MCX, with a change of Rs 0. Also, the price of 24k gold in the Indian spot market was quoted at Rs 51,000 .
MCX Gold on Nov 03, 2020
On MCX, silver futures remained stable at Rs 61,880.0 per kg.
The gold spot price today (Rs 51,000) increased by Rs 0 from yesterday (Rs 50,990), whereas global spot prices saw a downturn of $2.0 to $1,892 value today. No change was seen in MCX future price as of today, and had a value of Rs 51,015.
Currency Exchange Rate on Nov 03, 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.