Indian spot gold rate and silver price on Thursday, Jul 22, 2021


The spot gold price today( 48110) is lower than this week’s average of 48187.1 by 0.16%. The price though was lower than yesterday’s value of 48120.

The spot gold price in India( 48110) decreased as compared to yesterday, despite of the fact that the global gold spot prices increased by 0.18% and reached the value of $1816.7.

Gold and other precious metals on Thursday, Jul 22, 2021

Following yesterday’s trend, global spot prices continued its growth today as well. It was clocked at $1816.7 per Troy ounce in the latest close which noted an increase of 0.18% over yesterday. This price level is 4.24% higher than average gold price observed in the past 30 days ($1739.7). Among other precious metals, silver prices saw a fall today. Silver 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 47481 per 10 gram on MCX, with a change of 99.7. Also, the price of 24k gold in the Indian spot market was quoted at 48110.

MCX Gold on Thursday, Jul 22, 2021

Gold prices in India fell today with futures on MCX by 0.21% to 47481 per 10 gram. In the previous session, gold was down 0.58% or about 99.7 per 10 grams.

On MCX, silver futures plunged nearly 0.22% or 147.9 per kg to the price level of 67239 per kg.

The gold spot price today ( 48110) decreased by 99.7 from yesterday ( 48120), whereas global spot prices saw growth of $3.25 to $1816.7 value today. Following Indian spot price, MCX future price saw a decrease of 99.7 and value of 47481 as of today.

Currency Exchange Rate on Thursday, Jul 22, 2021

The dollar to rupee conversion today improved to 74.4 as compared to previous close of 74.5. The fall of dollar against rupee might influence gold’s rate today reflecting a lower gold price in the domestic markets.

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