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Spot gold prices in India (Rs. 49,320) have increased since yesterday (Rs. 49,310). In addition, it was 0.21% higher than the average price of gold seen this week (Rs. 49,217.14).
The spot price of Indian gold so far is Rs. 49,320 which has increased by 0.02%; the rate was lower than the world spot gold growth rate of 0.06%. The worldwide spot price is $ 1,866.5.
Gold and other precious metals as of December 17, 2020
Gold prices continued their uptrend today compared to yesterday in the global market. Spot gold rose 0.06% to $ 1,866.5 per troy ounce. This price level is 1.55% higher than the average price of gold observed over the past 30 days ($ 1,837.7). Among other precious metals, silver prices fell today. Silver plunged 0.19% to $ 25.3 per troy ounce.
In addition, the price of platinum has shown a slight increase. Platinum, a precious metal, rose 0.53% to $ 1,043.5 per troy ounce. Meanwhile, in India the price of gold was Rs. 49,737 per 10 grams on MCX, with a change of Rs. 0.0. In addition, the price of 24 karat gold in the Indian spot market was listed at Rs. 49,320.
MCX Gold on December 17, 2020
On MCX, gold futures prices in India jumped 0.19% to Rs. 50858.0 per 10 grams. In the previous session gold was up 1.29% or around Rs. 96.63 per 10 grams.
On MCX, silver futures rose almost 1% or Rs. 667.34 per kg to the price level of Rs. 66,734 per kg.
The spot price of gold today (Rs. 49,320) increased by Rs. 0.0 from yesterday (Rs. 49,310), along with a growth in global spot prices of $ 1.0 to $ 1,866.5 today. No change has been seen in the future MCX price to date and had a value of Rs. 49,737.
Exchange rate as of December 17, 2020
The conversion of the dollar to rupee has been constant since yesterday and any fluctuation in the price of gold today would not suggest any relation to the value of the dollar.