Hindustantimes wants to start sending you push notifications. Click allow to subscribe

Indian spot gold rate and silver price on Sep 16, 2020

HT Analytics | ByHT Analytics
Sep 16, 2020 09:47 AM IST

Get latest update on daily spot gold prices, currency exchange rates and other precious metal rates in India

An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to Rs. 51460.0 from Rs. 51450.0. It was also higher than the previous week average of Rs. 50805.71 by 1.29%.

Although the gold price in both global($1959.9) as well as Indian market(Rs. 51460.0) experienced a growth, the spot gold prices in Indian market grew by a lesser rate of 0.02% as compared to Global gold prices of 0.31%.

Hindustan Times - your fastest source for breaking news! Read now.

Gold and other precious metals on Sep 16, 2020

Global spot prices continued to grow as per the current close with a value of $1959.9 per Troy ounce. The total growth being of 0.31%. This price level is 0.64% higher than average gold price observed in the past 30 days ($1947.3). Among other precious metals, silver prices saw a fall today. Silver plunged 1.0% to $27.3 per Troy ounce.

Further, platinum price has shown an uptick. The precious metal platinum rose 0.26% to $979.0 per Troy ounce. Meanwhile in India, gold was priced at Rs. 51868.0 per 10 gram on MCX, with a change of Rs. 0.0. Also, the price of 24k gold in the Indian spot market was quoted at Rs. 51460.0 . 

MCX Gold on Sep 16, 2020

On MCX, silver futures remained stable at Rs. 68863.0 per kg. The gold spot price today (Rs. 51460.0) increased by Rs. 0.0 from yesterday (Rs. 51450.0), along with global spot prices growth of $6.0 to $1959.9 value today. No change was seen in MCX future price as of today, and had a value of Rs. 51868.0.

Currency Exchange Rate on Sep 16, 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.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Topics
Start 14 Days Free Trial Subscribe Now
OPEN APP