Indian spot price for gold and silver on Tuesday, June 01, 2021



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.

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