Indian spot gold rate and silver price on Friday, Oct 22, 2021
Today Gold Rate ( ₹ 47460) is lower than this week's average of ₹47734.3 by 0.57%. The Gold Price though was lower than yesterday's value of ₹47470.
Although global Gold Price Today ($1816.7) experienced growth of 0.18%, the Gold Price remained low in the Indian market ( ₹47460).
Gold and other precious metals on Friday, Oct 22, 2021
The Gold Price Today continued its uptrend as compared to yesterday in the global market. The Gold Price rose by 0.18% to $1816.7 per Troy ounce. 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 ₹47580 per 10 gram on MCX, with a change of ₹123.7. Also, the price of 24k gold in the Indian spot market was quoted at ₹47460 .
MCX Gold on Friday, Oct 22, 2021
On MCX, gold futures prices in India showed an upsurge of 0.26% to ₹47580 per 10 gram. In the previous session, gold was down 0.14% or about ₹123.7 per 10 gram.
On MCX, silver futures grew nearly 0.29% or ₹191.1 per kg to the price level of ₹65900 per kg.
The gold spot price today ( ₹47460) decreased by ₹123.7 from yesterday ( ₹47470), 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 ₹123.7 and value of ₹47580 as of today.
Currency Exchange Rate on Friday, Oct 22, 2021
The dollar to rupee conversion today improved to ₹74.8 as compared to previous close of ₹74.9. The fall of dollar against rupee might influence gold's rate today reflecting a lower gold price in the domestic markets.