An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to Rs. 51,060 from Rs. 51,050. It was also higher than the previous week average of Rs. 51,045.71 by 0.03%.
Gold and other precious metals on Oct 26, 2020
In global markets, gold prices moved higher today after a fall in the previous session. Spot gold rose by 0.09% to $1898.4 Gold per Troy ounce. This price level is 0.11% lower than average gold price observed in the past 30 days ($1900.4). Among other precious metals, silver prices saw a fall today. Silver plunged 0.31% to $24.3 per Troy ounce.
MCX Gold on Oct 26, 2020
On MCX, silver futures remained stable at Rs. 61854.0 per kg.
The gold spot price today (Rs. 51,060) increased by Rs. 0.0 from yesterday (Rs. 51,050), along with global spot prices growth of $1.0 to $1898.4 value today. No change was seen in MCX future price as of today, and had a value of Rs. 50,692.
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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