A rise of 0.02% in spot gold worth in India was seen since yesterday, taking the worth to Rs 50,830 from Rs 50,820. It was additionally larger than the earlier week common of Rs 50,584.29 by 0.49%.

Though the worldwide gold costs($1,892.7) dropped by 0.37%, the spot gold costs in India(Rs 50,830) noticed a progress of 0.02%.

Gold and different treasured metals on Oct 13, 2020

World spot costs continued to fall as per the present shut with a price of $1,892.7 per Troy ounce. The whole downturn being of -0.37%. This worth degree is 0.93% decrease than common gold worth noticed previously 30 days ($1,910.3). Amongst different treasured metals, silver costs edged larger at this time. Silver gained 0.27% to $23.8 per Troy ounce.

Additional, platinum worth has suffered. The valuable metallic platinum fell 0.62% to $879 per Troy ounce. In the meantime in India, gold was priced at Rs 50,881 per 10 gram on MCX, with a change of Rs 0. Additionally, the worth of 24k gold within the Indian spot market was quoted at Rs 50,830 . 

MCX Gold on Oct 13, 2020

On MCX, silver futures plunged practically 1.0% or Rs 622.69 per kg to the worth degree of Rs 62,269 per kg.

The gold spot worth at this time (Rs 50,830) elevated by Rs 0.0 from yesterday (Rs 50,820), whereas world spot costs noticed a downturn of $6.0 to $1,892.7 worth at this time. No change was seen in MCX future worth as of at this time, and had a price of Rs 50,881.

Foreign money Trade Fee on Oct 13, 2020

The greenback to rupee conversion has been fixed since yesterday and any fluctuation at this time within the gold worth would recommend no relation with the greenback worth.