Indian spot gold rate and silver price on Friday, Oct 29, 2021
A decrease of 0.02% in Gold Price in India was seen since yesterday, taking the value to ₹48040 from ₹48050. However, It was higher than the previous week average of ₹47937.1 by 0.21%.
The Gold Price Today in India ( ₹48040) 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, Oct 29, 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 ₹47850 per 10 gram on MCX, with a change of ₹138.8. Also, the price of 24k gold in the Indian spot market was quoted at ₹48040 .
MCX Gold on Friday, Oct 29, 2021
Gold prices in India plunged today with futures on MCX by 0.29% to ₹47850 per 10 gram. In the previous session, gold was up 0.04% or about ₹138.8 per 10 gram.
On MCX, silver futures plunged nearly 0.51% or ₹330.4 per kg to the price level of ₹64789 per kg.
The gold spot price today ( ₹48040) decreased by ₹138.8 from yesterday ( ₹48050), whereas global spot prices saw growth of $3.25 to $1816.7 value today. Following Indian spot price, MCX future price saw a decrease of ₹138.8 and value of ₹47850 as of today.
Currency Exchange Rate on Friday, Oct 29, 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.