Indian spot gold rate and silver price on Wednesday, Aug 18, 2021

ByHT Analytics
Aug 18, 2021 10:02 AM IST

Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Wednesday, Aug 18, 2021

Today Gold Rate ( 47440) is higher than this week's average of 47080.0 by 0.76%. The Gold Price was higher than yesterday's value of 47430.

Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Wednesday, Aug 18, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Wednesday, Aug 18, 2021

The Indian Gold Price Today is 47440 which grew by 0.02%; the rate was lower than the global Gold Price growth rate of 0.18%. The global Gold Price Today is $1816.7.

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Gold and other precious metals on Wednesday, Aug 18, 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 47258 per 10 gram on MCX, with a change of 52.0. Also, the price of 24k gold in the Indian spot market was quoted at 47440 . 

MCX Gold on Wednesday, Aug 18, 2021

On MCX, gold futures prices in India jumped 0.11% to 47258 per 10 gram. In the previous session, gold was up 0.14% or about 52.0 per 10 gram.

On MCX, silver futures grew nearly 0.24% or 152.8 per kg to the price level of 63655 per kg.

The gold spot price today ( 47440) increased by 52.0 from yesterday ( 47430), along with global spot prices growth of $3.25 to $1816.7 value today. Similar trend was observed in MCX future price with an increase of 52.0 and value of 47258 as of today.

Currency Exchange Rate on Wednesday, Aug 18, 2021

The dollar to rupee conversion today improved to 74.3 as compared to previous close of 74.4. The fall of dollar against rupee might influence gold's rate today reflecting a lower gold price in the domestic markets.

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