Indian spot gold and silver price on Wednesday 03 November 2021

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Gold Price in India ( ??47860) has increased since yesterday ( ??47850). Although it was lower than the average price of gold observed this week ( ??47861.4) of 0.0%.

Although the price of gold today in the world market (1816.7) as well as in the Indian market ( ??47860) has grown, the gold price in the Indian market has increased by a lower rate of 0.02% compared to the world gold price growth of 0.18%.

Gold and other precious metals on Wednesday 03 November 2021

The price of gold today continued its uptrend from yesterday in the global market. The price of gold rose 0.18% to $ 1,816.7 per troy ounce. 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 ??47525 per 10 grams on MCX, with a change of ??156.8. In addition, the price of 24k gold in the Indian spot market has been quoted at ??47860.

MCX Gold on Wednesday 03 November 2021

Gold prices in India fell today with MCX futures 0.33% to ??47525 per 10 grams. In the previous session gold was down 0.02% or around ??156.8 per 10 grams.

On MCX, silver futures plunged nearly 0.15% or ??95.1 per kg at the price level of ??63380 per kg.

The spot price of gold today ( ??47860) increased by ??156.8 from yesterday ( ??47850), as well as a growth in global spot prices from $ 3.25 to $ 1,816.7 today. However, the observed trend in the MCX futures price had a decline of ??156.8 and value of ??47525 to date.

Exchange rate for Wednesday 03 November 2021

The dollar to rupee conversion has improved today to ??74.6 compared to the previous close of ??74.7. The fall of the dollar against the rupee could influence the gold rate today, reflecting a decline in the price of gold in the domestic markets.


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