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A 0.02% increase in the price of gold in India has been observed since yesterday, bringing the value to ??46500 starting from ??46490. Today the gold rate was also higher than the previous week’s average of ??46224.3 of 0.6%.
Although the price of gold today in the world market (1816.7) as well as in the Indian market ( ??46500) has grown, the gold price in the Indian market has increased by a lower rate of 0.02% compared to the world gold price growth of 0.18%.
Gold and other precious metals on Monday 04 October 2021
The world price of gold continued to grow at the current close with a value of $ 1,816.7 per troy ounce. The total growth is 0.18%. This price level is 4.24% higher than the average price of gold observed over the last 30 days ($ 1,739.7). Among other precious metals, Silver Price Today has seen a decline. The price of silver plunged 0.06% to $ 25.2 per troy ounce.
In addition, the price of platinum has shown a slight increase. Platinum, a precious metal, rose 0.05% to $ 1,078.0 per troy ounce. Meanwhile, in India, the price of gold was ??46593 per 10 grams on MCX, with a change of ??79.2. In addition, the price of 24k gold in the Indian spot market has been quoted at ??46500.
MCX Gold on Monday 04 October 2021
On MCX, gold futures in India jumped 0.17% to ??46593 per 10 grams. During the previous session, gold was up 0.65% or around ??79.2 per 10 grams.
On MCX, silver futures rose nearly 0.3% or ??182.7 per kg at the price level of ??60900 per kg.
The spot price of gold today ( ??46500) increased by ??79.2 from yesterday ( ??46490), as well as a growth in global spot prices from $ 3.25 to $ 1,816.7 today. A similar trend was observed in the future MCX price with an increase of ??79.2 and value of ??46593 to date.
Exchange rate for Monday 04 October 2021
The dollar to rupee conversion increased today to ??74.2 compared to the previous close of ??74.1. The rise of the dollar against the rupee could influence the gold rate today, reflecting a higher gold price in domestic markets.
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