Indian spot gold rate and silver price on Wednesday, Sep 08, 2021

Indian spot gold rate and silver price on Wednesday, Sep 08, 2021

A decrease of 0.02% in Gold Price in India was seen since yesterday, taking the value to 47400 from 47410. However, It was higher than the previous week average of 47375.7 by 0.05%.

The Gold Price Today in India ( 47400) decreased as compared to yesterday, despite of the fact that the global Gold Price Today increased by 0.18% and reached the value of $1816.7.

Gold and other precious metals on Wednesday, Sep 08, 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 47029 per 10 gram on MCX, with a change of 42.3. Also, the price of 24k gold in the Indian spot market was quoted at 47400 .

MCX Gold on Wednesday, Sep 08, 2021

On MCX, gold futures prices in India showed an upsurge of 0.09% to 47029 per 10 gram. In the previous session, gold was down 0.97% or about 42.3 per 10 gram.

On MCX, silver futures grew nearly 0.02% or 13.0 per kg to the price level of 64854 per kg.

The gold spot price today ( 47400) decreased by 42.3 from yesterday ( 47410), whereas global spot prices saw growth of $3.25 to $1816.7 value today. Following global price trend, MCX future price saw an increase of 42.3 and value of 47029 as of today.

Currency Exchange Rate on Wednesday, Sep 08, 2021

The dollar to rupee conversion today increased to 73.5 as compared to previous close of 73.4. 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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