Indian spot gold and silver price on Wednesday, August 18, 2021

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Gold price and silver price today. Here is the latest update on spot gold prices, exchange rates and other precious metal rates in India as of Wednesday August 18, 2021.

Gold rate today ( ?? 47,440) is higher than this week’s average of ??47,080.0 of 0.76%. The price of gold was higher than yesterday’s value of ??47430.

The price of Indian gold today is ??47440 which increased by 0.02%; the rate was lower than the world gold price growth rate of 0.18%. The world price of gold today is $ 1,816.7.

Gold and other precious metals on Wednesday August 18, 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 ??47258 per 10 grams on MCX, with a change of ??52.0. In addition, the price of 24k gold in the Indian spot market has been quoted at ??47440.

MCX Gold on Wednesday August 18, 2021

On MCX, gold futures in India jumped 0.11% to ??47258 per 10 grams. In the previous session gold was up 0.14% or around ??52.0 per 10 grams.

On MCX, silver futures rose nearly 0.24% or ??152.8 per kg at the price level of ??63655 per kg.

The spot price of gold today ( ??47440) increased by ??52.0 from yesterday ( ??47430), as well as a growth in global spot prices from $ 3.25 to $ 1,816.7 today. A similar trend was observed in the future MCX price with an increase of ??52.0 and value of ??47258 to date.

Exchange rate for Wednesday, August 18, 2021

The dollar to rupee conversion has improved today to ??74.3 compared to the previous close of ??74.4. 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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