The price of spot gold today( ₹ 47710) is above the average for this week of ₹47638.6 by 0.15%. The price was higher than yesterday’s value of ₹47700.
Indian gold spot price to date is ₹47710 which increased by 0.02%; the rate was lower than the global spot gold growth rate of 0.32%. The worldwide spot price is $1911.9.
Gold and other precious metals on Tuesday, June 01, 2021
Gold prices continued their uptrend today compared to yesterday in the global market. Spot gold rose 0.32% to $1,911.9 per troy ounce. This price level is 9.01% higher than the average gold price seen over the past 30 days ($1739.7). Among other precious metals, silver prices rose slightly today. Silver gained 0.67% to $28.2 per Troy ounce.
Moreover, the price of platinum showed a slight increase. Platinum, a precious metal, rose 0.38% to hit $1,195.0 per Troy ounce. Meanwhile, in India, the price of gold was ₹49254 per 10 grams on MCX, with a change of ₹453.1. In addition, the price of 24 karat gold in the Indian spot market was quoted at ₹47710 .
MCX Gold on Tuesday, June 01, 2021
On MCX, India gold futures jumped 0.92% to ₹49254 for 10 grams. In the previous session, gold was up 0.54%, or around ₹453.1 for 10 grams.
On MCX, silver futures rose almost 0.86% or ₹623.9 per kg at the price level of ₹72549 per kg.
The spot price of gold today ( ₹47710) increased by ₹453.1 from yesterday ( ₹47700), as well as global spot price growth of $6.15 to $1,911.9 today. A similar trend was seen in the future price of MCX with an increase of ₹453.1 and value of ₹49254 to date.
Exchange rates for Tuesday, June 01, 2021
The dollar to rupee conversion has been constant since yesterday and any fluctuation today in the price of gold would not suggest any relationship to the value of the dollar.