Today Gold Rate in India ( ₹48070) observed no change since yesterday( ₹48070), though it was greater than the average gold price observed this week ( ₹47795.7) by 0.57%.
Although the global Gold Price Today ($1816.7) has increased by 0.18%, the Gold Price is the same in the Indian market ( ₹48070).
Gold and other precious metals on Monday, Oct 18, 2021
The global Gold Price continued to grow as per the current close with a value of $1816.7 per Troy ounce. The total growth being of 0.18%. 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 ₹47345 per 10 gram on MCX, with a change of ₹241.5. Also, the price of 24k gold in the Indian spot market was quoted at ₹48070 .
MCX Gold on Monday, Oct 18, 2021
On MCX, gold futures prices in India showed an upsurge of 0.51% to ₹47345 per 10 gram. In the previous session, gold was down 1.34% or about ₹241.5 per 10 gram.
On MCX, silver futures grew nearly 0.41% or ₹261.2 per kg to the price level of ₹63705 per kg.
The gold spot price today ( ₹48070) had no change over yesterday ( ₹48070), whereas global spot prices saw growth of $3.25 to $1816.7 value today. However, an increase was observed in MCX future price of ₹241.5 with value of ₹47345 as of today.
Currency Exchange Rate on Monday, Oct 18, 2021
The dollar to rupee conversion today increased to ₹75.3 as compared to previous close of ₹75.0. The rise of dollar against rupee might influence gold’s rate today reflecting a higher gold price in the domestic markets.