The spot price of gold today ( ??48,890) is lower than this week’s average of ??48892.9 of 0.01%. The price was also higher than yesterday’s value of ??48880.
The Indian spot price of gold to date is ??48890 which increased by 0.02%; the rate was lower than the world spot gold growth rate of 0.07%. The worldwide spot price is $ 1,899.2.
Gold and other precious metals on Friday, June 11, 2021
Gold prices continued their uptrend today compared to yesterday in the global market. Spot gold rose 0.07% to $ 1,899.2 per troy ounce. This price level is 8.4% higher than the average price of gold observed over the last 30 days ($ 1,739.7). Among other precious metals, silver prices rose slightly today. Silver gained 0.3% to $ 28.1 per troy ounce.
In addition, the price of platinum has shown a slight increase. Platinum, a precious metal, rose 0.3% to $ 1,157.0 per troy ounce. Meanwhile, in India, the price of gold was ??49015 per 10 grams on MCX, with a change of ??53.9. In addition, the price of 24k gold in the Indian spot market has been quoted at ??48890.
MCX Gold on Friday June 11, 2021
On MCX, gold futures prices in India jumped 0.11% to ??49015 per 10 grams. In the previous session gold was up 0.1% or around ??53.9 for 10 grams.
On MCX, silver futures rose nearly 0.39% or ??282.0 per kg at the price level of ??72320 per kg.
The spot price of gold today ( ??48890) increased by ??53.9 from yesterday ( ??48880), as well as the growth in global spot prices from $ 1.39 to $ 1,899.2 today. A similar trend was observed in the future MCX price with an increase of ??53.9 and value of ??49,015 to date.
Exchange rate for Friday, June 11, 2021
The dollar to rupee conversion has improved today to ??72.9 from the previous close of ??73.1. The fall of the dollar against the rupee could influence the gold rate today, reflecting a decline in the price of gold in the domestic markets.