Indian spot gold rate and silver price on Monday, Nov 08, 2021

Gold Price observed no change since yesterday( 47220) and also, it was on par with the average gold price observed this week ( 47364.3).

Although the global Gold Price Today ($1816.7) has increased by 0.18%, the Gold Price is the same in the Indian market ( 47220).

Gold and other precious metals on Monday, Nov 08, 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 48107 per 10 gram on MCX, with a change of 149.1. Also, the price of 24k gold in the Indian spot market was quoted at 47220 . 

MCX Gold on Monday, Nov 08, 2021

On MCX, gold futures prices in India jumped 0.31% to 48107 per 10 gram. In the previous session, gold was up 0.84% or about 149.1 per 10 gram.

On MCX, silver futures grew nearly 0.73% or 474.3 per kg to the price level of 64966 per kg.

The gold spot price today ( 47220) had no change over yesterday ( 47220), whereas global spot prices saw growth of $3.25 to $1816.7 value today. However, an increase was observed in MCX future price of 149.1 with value of 48107 as of today.

Currency Exchange Rate on Monday, Nov 08, 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.

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