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Indian spot gold rate and silver price on Friday, May 14, 2021 10:01:21 IST
Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, May 14, 2021 10:01:21 IST
Spot gold prices observed no change since yesterday( ₹45720) and also, it was on par with the average gold price observed this week ( ₹45827.1).
Although the global gold price($1822.5) saw a decline of 0.25%, the spot gold price is the same in the Indian market( ₹45720).
Gold and other precious metals on Friday, May 14, 2021 10:01:21 IST
Global spot prices dropped as per the current close with a value of $1822.5 per Troy ounce. The total downturn being of -0.25%. This price level is 4.54% 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 0.57% to $26.9 per Troy ounce.
Further, platinum price has shown an uptick. The precious metal platinum rose 0.95% to $1218.5 per Troy ounce. Meanwhile in India, gold was priced at ₹47400 per 10 gram on MCX, with a change of ₹52.1. Also, the price of 24k gold in the Indian spot market was quoted at ₹45720 .
MCX Gold on Friday, May 14, 2021 10:01:21 IST
Gold prices in India fell today with futures on MCX by 0.11% to ₹47400 per 10 gram. In the previous session, gold was down 0.08% or about ₹52.1 per 10 gram.
On MCX, silver futures plunged nearly 0.12% or ₹84.5 per kg to the price level of ₹70439 per kg.
The gold spot price today ( ₹45720) had no change over yesterday ( ₹45720), whereas global spot prices saw a downturn of $4.52 to $1822.5 value today. However, a decrease was observed in MCX future price of ₹52.1 with value of ₹47400 as of today.
Currency Exchange Rate on Friday, May 14, 2021 10:01:21 IST
The dollar to rupee conversion today improved to ₹73.4 as compared to previous close of ₹73.5. The fall of dollar against rupee might influence gold's rate today reflecting a lower gold price in the domestic markets.
