The price of spot gold today( ₹ 46730) is below this week’s average of ₹47038.6 by 0.66%. The price was however lower than yesterday’s value of ₹46740.
Although world gold prices ($1775.5) grew by 0.29%, the spot price of gold remained weak in the Indian market ( ₹46730).
Gold and other precious metals on Thursday, Jul 01, 2021
Gold prices continued their uptrend today compared to yesterday in the global market. Spot gold rose 0.29% to $1,775.5 per troy ounce. This price level is 2.02% 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 0.24% to $26.2 per Troy ounce.
In addition, the price of platinum suffered. Platinum, a precious metal, fell 0.19% to $1,075.5 per Troy ounce. Meanwhile, in India, the price of gold was ₹46882 per 10 grams on MCX, with a change of ₹65.6. In addition, the price of 24 karat gold in the Indian spot market was quoted at ₹46730 .
MCX Gold on Thursday 01 Jul 2021
On MCX, India gold futures jumped 0.14% to reach ₹46882 for 10 grams. In the previous session, gold was up 0.82%, or around ₹65.6 for 10 grams.
On MCX, silver futures rose nearly 2.28% or ₹1584.7 per kg at the price level of ₹69506 per kg.
The spot price of gold today ( ₹46730) decreased by ₹65.6 from yesterday ( ₹46740), as global spot prices rose $5.15 to $1775.5 today. Following the trend of world prices, the future price of MCX saw an increase of ₹65.6 and value of ₹46882 to date.
Exchange rates for Thursday 01 Jul 2021
The dollar to rupee conversion has been constant since yesterday and any fluctuation today in the price of gold would not suggest any relationship to the value of the dollar.