Home Buisness news Indian spot gold rate and silver price on Aug 04, 2020

Indian spot gold rate and silver price on Aug 04, 2020

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The spot gold price at the moment(Rs. 53410.0) is greater than this week’s common of Rs. 53030.Zero by 0.72%. The price was greater than yesterday’s worth of Rs. 53400.0.

Although the worldwide gold costs($1975.8) dropped by 0.03%, the spot gold costs in India(Rs. 53410.0) noticed a progress of 0.02%.

Gold and different treasured metals on Aug 04, 2020

Following yesterday’s pattern, world spot costs continued its fall at the moment as properly. It was clocked at $1975.Eight per Troy ounce within the newest shut which famous a lower of -0.03% over yesterday. This price stage is 5.93% greater than common gold price noticed prior to now 30 days ($1858.7). Among different treasured metals, silver costs edged greater at the moment. Silver gained 3.5% to $24.Three per Troy ounce.

Further, platinum price has proven an uptick. The treasured steel platinum rose 0.22% to $926.Zero per Troy ounce. Meanwhile in India, gold was priced at Rs. 53852.Zero per 10 gram on MCX, with a change of Rs. 53.85. Also, the price of 24ok gold within the Indian spot market was quoted at Rs. 53410.0 . 

MCX Gold on Aug 04, 2020

On MCX, gold futures costs in India jumped 0.1% to Rs. 53852.Zero per 10 gram. In the earlier session, gold was up 0.4% or about Rs. 53.85 per 10 gram. On MCX, silver futures grew practically 0.08% or Rs. 52.72 per kg to the price stage of Rs. 65903.Zero per kg.

The gold spot price at the moment (Rs. 53410.0) elevated by Rs. 53.85 from yesterday (Rs. 53400.0), whereas world spot costs noticed a downturn of $0.Zero to $1975.Eight worth at the moment. MCX future price noticed a rise of Rs. 53.85 and worth of Rs. 53852.Zero as of at the moment.

Currency Exchange Rate on Aug 04, 2020

The greenback to rupee conversion at the moment elevated to Rs. 75.2 as in comparison with earlier shut of Rs. 74.9. The rise of greenback towards rupee may affect gold’s rate at the moment reflecting a better gold price within the home markets.

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