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As of yesterday, the spot gold price in India has increased by 0.02%, which is the value of it ₹47320 from ₹47310. It was also higher than the previous week’s average of ₹47185.7 by 0.28%.
Today’s Indian spot gold price is ₹47,320 which grew 0.02%; the rate was lower than the global gold spot growth rate of 0.08%. The global spot price is $ 1786.8.
Gold and other precious metals on Monday, July 5th, 2021
Following yesterday’s trend, global spot prices continued to grow today. At the last closing price it was $ 1,786.8 a troy ounce, up 0.08% from yesterday. This price level is 2.64% above the average gold price for the last 30 days ($ 1739.7). Along with other precious metals, silver prices fell today. Silver plunged 0.07% to $ 26.5 an ounce.
In addition, the platinum price has shown an upward trend. The precious metal platinum rose by 0.55% to USD 1,098.5 a troy ounce. Meanwhile, gold was being made in India ₹47330 per 10 grams on MCX, with a change of ₹4.7. In addition, the price of 24k gold on the Indian spot market was quoted at ₹47320.
MCX Gold on Monday, July 5th, 2021
Gold futures prices in India rose 0.01% on the MCX ₹47330 per 10 grams. In the previous session, gold was up 0.73%, or about ₹4.7 per 10 grams.
On the MCX, silver futures rose nearly 0.32% or ₹225.7 per kg to the price level of ₹70525 per kg.
The gold spot price today ( ₹47320) increased by ₹4.7 from yesterday ( ₹47310), along with global spot price growth from $ 1.35 to $ 1,786.8 today. A similar trend was seen in the MCX futures price with an increase of. observed ₹4.7 and value of ₹47330 as of today.
Exchange rate on Monday 05 July 2021
The conversion from dollars to rupees has been constant since yesterday and any fluctuation in the price of gold today would not indicate any connection with the value of the dollar.
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