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Indian spot gold rate and silver price on Friday, Jul 02, 2021
Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Jul 02, 2021
An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to ₹47200 from ₹47190. It was also higher than the previous week average of ₹47114.3 by 0.18%.
The Indian spot gold price as of today is ₹47200 which grew by 0.02%; the rate was lower than the global gold spot growth rate of 0.11%. The global spot price is $1778.6.
Gold and other precious metals on Friday, Jul 02, 2021
Global spot prices continued to grow as per the current close with a value of $1778.6 per Troy ounce. The total growth being of 0.11%. This price level is 2.19% higher than average gold price observed in the past 30 days ($1739.7). Among other precious metals, silver prices edged higher today. Silver gained 0.16% to $26.1 per Troy ounce.
Further, platinum price has shown an uptick. The precious metal platinum rose 0.55% to $1094.5 per Troy ounce. Meanwhile in India, gold was priced at ₹46950 per 10 gram on MCX, with a change of ₹131.5. Also, the price of 24k gold in the Indian spot market was quoted at ₹47200 .
MCX Gold on Friday, Jul 02, 2021
On MCX, gold futures prices in India jumped 0.28% to ₹46950 per 10 gram. In the previous session, gold was up 0.82% or about ₹131.5 per 10 gram.
On MCX, silver futures grew nearly 0.36% or ₹250.1 per kg to the price level of ₹69460 per kg.
The gold spot price today ( ₹47200) increased by ₹131.5 from yesterday ( ₹47190), along with global spot prices growth of $1.95 to $1778.6 value today. Similar trend was observed in MCX future price with an increase of ₹131.5 and value of ₹46950 as of today.
Currency Exchange Rate on Friday, Jul 02, 2021
The dollar to rupee conversion today increased to ₹74.7 as compared to previous close of ₹74.6. The rise of dollar against rupee might influence gold's rate today reflecting a higher gold price in the domestic markets.
