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Spot gold prices in India (Rs. 50,270) have increased since yesterday (Rs. 50,260). In addition, it was 0.61% above the average price of gold seen this week (Rs. 49,962.85).
Although the price of gold in the world market (1867.0) and India (50,270 Rs.) Has seen growth, the spot prices of gold in the Indian market have increased at a lower rate of 0, 02% against world gold prices 0.32%.
Gold and other precious metals as of December 23, 2020
In global markets, gold prices rose today after falling in the previous session. Spot gold rose 0.32% to $ 1,867.0 of gold per troy ounce. This price level is 1.61% higher than the average price of gold observed over the last 30 days ($ 1,837.0). Among other precious metals, silver prices rose slightly today. Silver gained 0.77% to $ 25.4 per troy ounce.
In addition, the price of platinum has shown a slight increase. Platinum, the precious metal, rose 0.5% to $ 1,008.5 per troy ounce. Meanwhile, in India the price of gold was Rs. 49,772 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 quoted at Rs. 50,270.
MCX Gold on December 23, 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 were flat at Rs. 66,916 per kg.
The spot price of gold today (Rs. 50,270) increased by Rs. 0.0 from yesterday (Rs. 50,260), along with a growth in global spot prices of $ 6.0 to $ 1,867.0 today. No change has been seen in the future MCX price to date and had a value of Rs. 49,772.
Exchange rate as of December 23, 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.