Gold and Silver Updates

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Spot gold costs in India(Rs. 50560.0) have elevated since yesterday(Rs. 50550.0). Though, it was decrease than the typical gold value noticed this week (Rs.50594.29) by 0.07%.

The spot gold costs in India(Rs.50560.0) witnessed a development of 0.02%, regardless of world gold costs($1905.7) noticed a drop of 0.12%.

Gold and different treasured metals on Oct 16, 2020

World spot costs dropped doen as per the present shut with a worth of $1905.7 per Troy ounce. The full downturn being of -0.12%. This value stage is 0.02% larger than common gold value noticed up to now 30 days ($1905.4). Amongst different treasured metals, silver costs noticed a fall at this time. Silver plunged 0.12% to $24.2 per Troy ounce.

Additional, platinum value has suffered. The dear steel platinum fell 0.46% to $864.5 per Troy ounce. In the meantime in India, gold was priced at Rs. 50765.0 per 10 gram on MCX, with a change of Rs. 0.0. Additionally, the value of 24k gold within the Indian spot market was quoted at Rs. 50560.0 . 

MCX Gold on Oct 16, 2020

On MCX, silver futures remained steady at Rs. 61602.0 per kg.

The gold spot value at this time (Rs. 50560.0) elevated by Rs. 0.0 from yesterday (Rs. 50550.0), whereas world spot costs noticed a downturn of $2.0 to $1905.7 worth at this time. No change was seen in MCX future value as of at this time, and had a worth of Rs. 50765.0.

Foreign money Change Fee on Oct 16, 2020

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

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