Indian spot gold rate and silver price on Friday, Jul 09, 2021

Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Jul 09, 2021
Gold, Silver and other precious metal prices in India on Friday, Jul 09, 2021
Gold, Silver and other precious metal prices in India on Friday, Jul 09, 2021
Published on Jul 09, 2021 10:02 AM IST
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By HT Analytics

An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to 47990 from 47980. It was also higher than the previous week average of 47675.7 by 0.66%.

The Indian spot gold price as of today is 47990 which grew by 0.02%; the rate was lower than the global gold spot growth rate of 0.05%. The global spot price is $1803.8.

Gold and other precious metals on Friday, Jul 09, 2021

Following yesterday's trend, global spot prices continued its growth today as well. It was clocked at $1803.8 per Troy ounce in the latest close which noted an increase of 0.05% over yesterday. This price level is 3.55% higher than average gold price observed in the past 30 days ($1739.7). Among other precious metals, silver prices saw a fall today. Silver plunged 3.4% to $25.9 per Troy ounce.

Further, platinum price has shown an uptick. The precious metal platinum rose 0.14% to $1081.0 per Troy ounce. Meanwhile in India, gold was priced at 47821 per 10 gram on MCX, with a change of 86.1. Also, the price of 24k gold in the Indian spot market was quoted at 47990 . 

MCX Gold on Friday, Jul 09, 2021

On MCX, gold futures prices in India showed an upsurge of 0.18% to 47821 per 10 gram. In the previous session, gold was down 0.32% or about 86.1 per 10 gram.

On MCX, silver futures plunged nearly 0.22% or 151.8 per kg to the price level of 68991 per kg.

The gold spot price today ( 47990) increased by 86.1 from yesterday ( 47980), along with global spot prices growth of $0.9 to $1803.8 value today. Similar trend was observed in MCX future price with an increase of 86.1 and value of 47821 as of today.

Currency Exchange Rate on Friday, Jul 09, 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.

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Monday, October 25, 2021