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