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Indian spot gold rate and silver price on Thursday, May 13, 2021 10:01:22 IST

Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Thursday, May 13, 2021 10:01:22 IST

Published on: May 13, 2021, 10:02:50 IST
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A decrease of 0.02% in spot gold price in India was seen since yesterday, taking the value to 45710 from 45720. It was also lower than the previous week average of 45837.1 by 0.28%.

Gold, Silver and other precious metal prices in India on Thursday, May 13, 2021 10:01:22 IST
Gold, Silver and other precious metal prices in India on Thursday, May 13, 2021 10:01:22 IST

Although global gold prices($1817.4) experienced growth of 0.05%, the spot gold price remained low in Indian market( 45710).

Gold and other precious metals on Thursday, May 13, 2021 10:01:22 IST

Gold prices continued their uptrend today as compared to yesterday in the global market. Spot gold rose by 0.05% to $1817.4 per Troy ounce. This price level is 4.28% higher than average gold price observed in the past 30 days ($1739.7). Among other precious metals, silver prices edged higher today. Silver gained 0.03% to $27.0 per Troy ounce.

Further, platinum price has shown an uptick. The precious metal platinum rose 0.25% to $1219.0 per Troy ounce. Meanwhile in India, gold was priced at 47491 per 10 gram on MCX, with a change of 133.0. Also, the price of 24k gold in the Indian spot market was quoted at 45710 .

MCX Gold on Thursday, May 13, 2021 10:01:22 IST

Gold prices in India fell today with futures on MCX by 0.28% to 47491 per 10 gram. In the previous session, gold was down 0.63% or about 133.0 per 10 gram.

On MCX, silver futures plunged nearly 1.09% or 775.5 per kg to the price level of 71149 per kg.

The gold spot price today ( 45710) decreased by 133.0 from yesterday ( 45720), whereas global spot prices saw growth of $0.95 to $1817.4 value today. Following Indian spot price, MCX future price saw a decrease of 133.0 and value of 47491 as of today.

Currency Exchange Rate on Thursday, May 13, 2021 10:01:22 IST

The dollar to rupee conversion today increased to 73.6 as compared to previous close of 73.5. The rise of dollar against rupee might influence gold's rate today reflecting a higher gold price in the domestic markets.