The spot price of gold today (Rs. 50560.0) is higher than this week’s average of Rs. 50512.86 by 0.09%. The price was higher than yesterday’s value of Rs. 50550.0.
Although world gold prices ($ 1929.7) fell 0.09%, spot gold prices in India (Rs. 50560.0) experienced growth of 0.02%.
Gold and other precious metals on September 9, 2020
In global markets, gold prices fell today after a rebound in the previous session. Spot gold fell 0.09% to $ 1,929.7 per troy ounce. This price level is 1.17% lower than the average price of gold observed in the last 30 days ($ 1952.2). Among other precious metals, silver prices fell today. Silver fell 0.04% to $ 26.7 per troy ounce.
Also, the price of platinum has suffered. Platinum, a precious metal, fell 0.17% to $ 906.5 per troy ounce. Meanwhile, in India, gold was priced at Rs. 51235.0 for 10 grams in MCX, with a change of Rs. 0.0. Also, the price of 24k gold on the Indian spot market was quoted at Rs. 50560.0.
MCX Gold on Sep 09, 2020
On MCX, silver futures were stable at Rs. 67930.0 per kg. The spot price of gold today (Rs. 50560.0) increased by Rs. 0.0 from yesterday (Rs. 50550.0), while global spot prices experienced a drop of $ 1.0 to a value of $ 1929.7 today. There was no change in the future price of MCX as of today, and it was worth Rs. 51235.0.
Currency exchange rate on September 09, 2020
The conversion of the dollar to the rupee has been constant since yesterday and any fluctuation in the price of gold today suggests that there is no relation to the value of the dollar.
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