Home Buisness news Indian spot gold rate and silver price on Aug 05, 2020

Indian spot gold rate and silver price on Aug 05, 2020


The spot gold price at this time(Rs. 53310.0) is larger than this week’s common of Rs. 53144.29 by 0.31%. The price was larger than yesterday’s worth of Rs. 53300.0.

The spot gold costs in India(Rs.53310.0) witnessed a development of 0.02%, regardless of international gold costs($2013.8) noticed a drop of 0.23%.

Gold and different treasured metals on Aug 05, 2020

In international markets, gold costs moved decrease at this time after an uptick within the earlier session. Spot gold fell by 0.23% to $2013.Eight per Troy ounce. This price stage is 7.37% larger than common gold price noticed up to now 30 days ($1865.3). Among different treasured metals, silver costs noticed a fall at this time. Silver plunged 0.55% to $25.9 per Troy ounce.

Further, platinum price has suffered. The treasured steel platinum fell 0.42% to $938.Zero per Troy ounce. Meanwhile in India, gold was priced at Rs. 54782.Zero per 10 gram on MCX, with a change of Rs. 0.0. Also, the price of 24ok gold within the Indian spot market was quoted at Rs. 53310.0 . 

MCX Gold on Aug 05, 2020

Gold costs in India remained steady at this time with futures on MCX quoted at Rs. 54782.Zero per 10 gram. In the earlier session, gold was up 1.59% or about Rs. 0.Zero per 10 gram. On MCX, silver futures plunged almost 0.11% or Rs.76.7 per kg to the price stage of Rs. 69726.Zero per kg.

The gold spot price at this time (Rs. 53310.0) elevated by Rs. 0.Zero from yesterday (Rs. 53300.0), whereas international spot costs noticed a downturn of $4.71 to $2013.Eight worth at this time. No change was seen in MCX future price as of at this time, and had a worth of Rs. 54782.0.

Currency Exchange Rate on Aug 05, 2020

The greenback to rupee conversion at this time improved to Rs. 75.Zero as in comparison with earlier shut of Rs. 75.1. The fall of greenback towards rupee may affect gold’s rate at this time reflecting a decrease gold price within the home markets.

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