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Indian spot gold rate and silver price on Friday, Oct 01, 2021

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Today Gold Rate ( ₹46000) is lower than this week’s average of ₹46055.7 by 0.12%. The Gold Price was also higher than yesterday’s value of ₹45490.

Although the Gold Price Today in both global ($1816.7) as well as Indian market ( ₹46000) experienced a growth, the Gold Price in Indian market grew by a higher rate of 1.12% as compared to Global Gold Price of 0.18%.

The Gold Price Today continued its uptrend as compared to yesterday in the global market. The Gold Price rose by 0.18% to $1816.7 per Troy ounce. 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 ₹46215 per 10 gram on MCX, with a change of ₹674.7. Also, the price of 24k gold in the Indian spot market was quoted at ₹46000 .

MCX Gold on Friday, Oct 01, 2021

On MCX, gold futures prices in India showed an upsurge of 1.46% to ₹46215 per 10 gram. In the previous session, gold was down 0.59% or about ₹674.7 per 10 gram.

On MCX, silver futures plunged nearly 0.33% or ₹197.0 per kg to the price level of ₹59704 per kg.

The gold spot price today ( ₹46000) increased by ₹674.7 from yesterday ( ₹45490), along with global spot prices growth of $3.25 to $1816.7 value today. Similar trend was observed in MCX future price with an increase of ₹674.7 and value of ₹46215 as of today.

Currency Exchange Rate on Friday, Oct 01, 2021

The dollar to rupee conversion today increased to ₹74.3 as compared to previous close of ₹74.2. The rise of dollar against rupee might influence gold’s rate today reflecting a higher gold price in the domestic markets.

HT