Indian spot gold rate and silver price on Wednesday, Sep 01, 2021
A decrease of 0.02% in Gold Price in India was seen since yesterday, taking the value to ₹47370 from ₹47380. It was also lower than the previous week average of ₹47485.7 by 0.24%.
The Gold Price Today in India ( ₹47370) 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 Wednesday, Sep 01, 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 ₹47187 per 10 gram on MCX, with a change of ₹127.4. Also, the price of 24k gold in the Indian spot market was quoted at ₹47370 .
MCX Gold on Wednesday, Sep 01, 2021
On MCX, gold futures prices in India jumped 0.27% to ₹47187 per 10 gram. In the previous session, gold was up 0.02% or about ₹127.4 per 10 gram.
On MCX, silver futures grew nearly 1.1% or ₹698.2 per kg to the price level of ₹63476 per kg.
The gold spot price today ( ₹47370) decreased by ₹127.4 from yesterday ( ₹47380), whereas global spot prices saw growth of $3.25 to $1816.7 value today. Following global price trend, MCX future price saw an increase of ₹127.4 and value of ₹47187 as of today.
Currency Exchange Rate on Wednesday, Sep 01, 2021
The dollar to rupee conversion today increased to ₹73.0 as compared to previous close of ₹72.9. The rise of dollar against rupee might influence gold's rate today reflecting a higher gold price in the domestic markets.