Indian spot gold rate and silver price on Thursday, Jun 03, 2021
Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Thursday, Jun 03, 2021
An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to ₹49240 from ₹49230. It was also higher than the previous week average of ₹48104.3 by 2.36%.

The spot gold prices in India( ₹49240) witnessed a growth of 0.02%, despite global gold prices($1904.0) saw a drop of 0.2%.
Gold and other precious metals on Thursday, Jun 03, 2021
Global spot prices dropped as per the current close with a value of $1904.0 per Troy ounce. The total downturn being of -0.2%. This price level is 8.63% 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 0.16% to $28.1 per Troy ounce.
The precious metal platinum prices remained stable at $1194.0 per Troy ounce. Meanwhile in India, gold was priced at ₹49360 per 10 gram on MCX, with a change of ₹14.8. Also, the price of 24k gold in the Indian spot market was quoted at ₹49240 .
MCX Gold on Thursday, Jun 03, 2021
On MCX, gold futures prices in India jumped 0.03% to ₹49360 per 10 gram. In the previous session, gold was up 0.29% or about ₹14.8 per 10 gram.
On MCX, silver futures grew nearly 0.17% or ₹123.7 per kg to the price level of ₹72775 per kg.
The gold spot price today ( ₹49240) increased by ₹14.8 from yesterday ( ₹49230), whereas global spot prices saw a downturn of $3.76 to $1904.0 value today. MCX future price saw an increase of ₹14.8 and value of ₹49360 as of today.
Currency Exchange Rate on Thursday, Jun 03, 2021
The dollar to rupee conversion today increased to ₹73.2 as compared to previous close of ₹73.0. The rise of dollar against rupee might influence gold's rate today reflecting a higher gold price in the domestic markets.

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