A 0.02% drop in the gold price in India has been observed since yesterday, bringing the value to ??48040 of ??48050. However, it was higher than the previous week’s average of ??47937.1 of 0.21%.
The price of gold today in India ( ??48040) was lower from yesterday despite the fact that the world price of gold today rose 0.18% to reach the value of $ 1,816.7.
Gold and other precious metals on Friday, October 29, 2021
Following yesterday’s trend, the world price of gold also continued to grow today. It traded at $ 1,816.7 per troy ounce during the most recent close, which noted a 0.18% increase from yesterday. This price level is 4.24% higher than the average price of gold observed over the past 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 ??47850 per 10 grams on MCX, with a change of ??138.8. In addition, the price of 24k gold in the Indian spot market has been quoted at ??48040.
MCX Gold on Friday, October 29, 2021
Gold prices in India plunged today with MCX futures 0.29% to ??47850 per 10 grams. In the previous session gold was up 0.04% or around ??138.8 per 10 grams.
On MCX, silver futures plunged nearly 0.51% or ??330.4 per kg at the price level of ??64789 per kg.
The spot price of gold today ( ??48040) reduced by ??138.8 from yesterday ( ??48050), while global spot prices have grown from $ 3.25 to $ 1,816.7 today. After the Indian spot price, the MCX futures price declined by ??138.8 and value of ??47850 to date.
Exchange rate for Friday, October 29, 2021
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.