Indian spot gold and silver price on Friday June 18, 2021

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The price of spot gold today( 48340) is below this week’s average of 48561.4 by 0.46%. The price was however lower than yesterday’s value of 48350.

The spot gold price in India( 48340) decreased compared to yesterday, despite the fact that world spot gold prices increased by 0.74% and reached the value of $1785.8.

Gold and other precious metals on Friday, June 18, 2021

Global spot prices continued to rise by the current close with a value of $1785.8 per troy ounce. Total growth being 0.74%. This price level is 2.58% 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 1.21% to $26.2 per Troy ounce.

Moreover, the price of platinum showed a slight increase. Platinum, a precious metal, rose 1.37% to hit $1,073.5 per Troy ounce. Meanwhile, in India, the price of gold was 46921 per 10 grams on MCX, with a change of 140.8. In addition, the price of 24 karat gold in the Indian spot market was quoted at 48340 .

MCX Gold on Friday, June 18, 2021

On MCX, India gold futures prices rose 0.3% to 46921 for 10 grams. In the previous session, gold was down 3.1% or thereabouts 140.8 for 10 grams.

On MCX, silver futures rose almost 0.86% or 588.6 per kg at the price level of 68441 per kg.

The spot price of gold today ( 48340) decreased by 140.8 from yesterday ( 48350), as global spot prices rose $13.06 to $1785.8 today. Following the trend of world prices, the future price of MCX saw an increase of 140.8 and value of 46921 to date.

Exchange rates for Friday, June 18, 2021

The dollar to rupee conversion improved today to 74.1 compared to the previous close of 74.2. The fall of the dollar against the rupee could influence the price of gold today, reflecting a drop in the price of gold in the national markets.


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