Spot gold prices in India (Rs. 51590.0) have increased since yesterday (Rs. 51580.0). In addition, it was above the average gold price observed this week (Rs. 50,980.0) by 1.2%.
Although world gold prices ($ 1,939.7) fell 1.02%, spot gold prices in India (Rs 51,590.0) grew by 0.02%.
Gold and other precious metals on Sep 17, 2020
In global markets, gold prices continued their downtrend today with a decline in the previous session as well. Spot gold fell 1.02% to $ 1,939.7 per Troy ounce. This price level is 0.4% lower than the average price of gold observed over the last 30 days ($ 1947.5). Among other precious metals, silver prices fell today. Silver plunged 2.35% to $ 26.8 per Troy ounce.
In addition, the price of platinum has suffered. Platinum, a precious metal, fell 3.18% to $ 944.0 per Troy ounce. Meanwhile, in India gold was priced at Rs. 51481.0 per 10 grams on MCX, with a change of Rs. 0.0. In addition, the price of 24 karat gold in the Indian spot market was listed at Rs. 51590.0.
MCX Gold on Sep 17, 2020
On MCX, silver futures have plunged almost 1.0% or Rs 677.87 per kg to the price level of Rs. 67,787.0 per kg. The spot price of gold today (Rs. 51590.0) increased by Rs. 0.0 from yesterday (Rs. 51,580.0), as world spot prices fell by $ 20.0 to 1939, $ 7 today. No change was seen in the future price of MCX as of today, and had a value of Rs. 51481.0.
Exchange Rate for Sep 17, 2020
The conversion of dollar to rupee has been constant since yesterday and any current fluctuation in the price of gold would not suggest any relation to the value of the dollar.
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