Indian spot gold rate and silver price on Wednesday, Aug 25, 2021

Indian spot gold rate and silver price on Wednesday, Aug 25, 2021

Gold Price in India ( 47660) has increased since yesterday( 47650). Also, it was above the average Gold Price observed this week ( 47358.6) by 0.64%.

Although the Gold Price Today in both global ($1816.7) as well as Indian market ( 47660) experienced a growth, the Gold Price in Indian market grew by a lesser rate of 0.02% as compared to the growth Global gold price of 0.18%.

Gold and other precious metals on Wednesday, Aug 25, 2021

Following yesterday’s trend, the global Gold Price continued its growth today as well. It was clocked at $1816.7 per Troy ounce in the latest close which noted an increase of 0.18% over yesterday. This price level is 4.24% higher than average Gold Price observed in the past 30 days ($1739.7). Among the other precious metals, Silver Price Today saw a fall. The Silver Price plunged 0.06% to $25.2 per Troy ounce.

Further, platinum price has shown an uptick. The precious metal platinum rose 0.05% to $1078.0 per Troy ounce. Meanwhile in India, gold was priced at 47271 per 10 gram on MCX, with a change of 260.0. Also, the price of 24k gold in the Indian spot market was quoted at 47660 .

MCX Gold on Wednesday, Aug 25, 2021

Gold prices in India plunged today with futures on MCX by 0.55% to 47271 per 10 gram. In the previous session, gold was up 0.04% or about 260.0 per 10 gram.

On MCX, silver futures plunged nearly 0.53% or 334.6 per kg to the price level of 63129 per kg.

The gold spot price today ( 47660) increased by 260.0 from yesterday ( 47650), along with global spot prices growth of $3.25 to $1816.7 value today. However, the trend observed in MCX future price had a decrease of 260.0 and value of 47271 as of today.

Currency Exchange Rate on Wednesday, Aug 25, 2021

The dollar to rupee conversion today increased to 74.2 as compared to previous close of 74.1. The rise of dollar against rupee might influence gold’s rate today reflecting a higher gold price in the domestic markets.


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