Indian spot gold rate and silver price on Friday, Aug 27, 2021
A decrease of 0.57% in Gold Price in India was seen since yesterday, taking the value to ₹47220 from ₹47490. It was also lower than the previous week average of ₹47347.1 by 0.27%.
The Gold Price Today in India ( ₹47220) decreased as compared to yesterday, despite of the fact that the global Gold Price Today increased by 0.18% and reached the value of $1816.7.
Gold and other precious metals on Friday, Aug 27, 2021
Following yesterday's trend, the global Gold Price continued its growth today as well. It was clocked at $1816.7 per Troy ounce in the latest close which noted an increase of 0.18% over yesterday. This price level is 4.24% higher than average Gold Price observed in the past 30 days ($1739.7). Among the other precious metals, Silver Price Today saw a fall. The Silver Price plunged 0.06% to $25.2 per Troy ounce.
Further, platinum price has shown an uptick. The precious metal platinum rose 0.05% to $1078.0 per Troy ounce. Meanwhile in India, gold was priced at ₹47329 per 10 gram on MCX, with a change of ₹217.7. Also, the price of 24k gold in the Indian spot market was quoted at ₹47220 .
MCX Gold on Friday, Aug 27, 2021
On MCX, gold futures prices in India showed an upsurge of 0.46% to ₹47329 per 10 gram. In the previous session, gold was down 0.02% or about ₹217.7 per 10 gram.
On MCX, silver futures grew nearly 0.48% or ₹301.9 per kg to the price level of ₹62900 per kg.
The gold spot price today ( ₹47220) decreased by ₹217.7 from yesterday ( ₹47490), whereas global spot prices saw growth of $3.25 to $1816.7 value today. Following global price trend, MCX future price saw an increase of ₹217.7 and value of ₹47329 as of today.
Currency Exchange Rate on Friday, Aug 27, 2021
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.