Gold rate goes up to Rs 49,410, silver prices see a fall of 0.44%

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Spot gold prices in India(Rs 49,410) have increased since yesterday(Rs 49,400). Although, it was lower than the average gold price observed this week (Rs 50,530) by 2.22%.

The Indian spot gold price as of today is Rs 49,410 which grew by 0.02%; the rate was higher than the global gold spot growth rate of 0.01%. The global spot price is $1,868.8.

Gold and other precious metals on Sept 25, 2020

Global spot prices continued to grow as per the current close with a value of $1868.8 per Troy ounce. The total growth being of 0.01%. This price level is 3.89% lower than average gold price observed in the past 30 days ($1,941.5). Among other precious metals, silver prices saw a fall today. Silver plunged 0.44% to $23.1 per Troy ounce.

Further, platinum price has shown an uptick. The precious metal platinum rose 0.59% to $858 per Troy ounce. Meanwhile in India, gold was priced at Rs 49,815 per 10 gram on MCX, with a change of Rs 0. Also, the price of 24k gold in the Indian spot market was quoted at Rs 49,410 .

MCX Gold on Sept 25, 2020

On MCX, silver futures remained stable at Rs 59,247 per kg. The gold spot price today (Rs 49,410) increased by Rs 0 from yesterday (Rs 49,400), along with global spot prices growth of $0.0 to $1,868.8 value today. No change was seen in MCX future price as of today, and had a value of Rs 4,9815.

Currency Exchange Rate on Sept 25, 2020

The dollar to rupee conversion has been constant since yesterday and any fluctuation today in the gold price would suggest no relation with the dollar value.

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