Gold price at Rs 48,800 per 10 gram today

HT Analytics | ByHT Analytics
Nov 30, 2020 05:31 PM IST

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

A decrease of 0.1% in spot gold price in India was seen since yesterday, taking the value to Rs. 48800.0 from Rs. 48850.0. It was also lower than the previous week average of Rs. 50277.1428571429 by 2.94%.

Gold, Silver and other precious metal prices in India on Nov 30, 2020(Reuters)
Gold, Silver and other precious metal prices in India on Nov 30, 2020(Reuters)

The global gold price($1809.0) had no change, yet the spot gold price in Indian market(Rs. 48800.0) saw a dip of 0.1%.

Gold and other precious metals on Nov 30, 2020

In global markets, gold prices remained stable today after a fall in the previous session. Spot gold was priced at $1809.0 per Troy ounce. This price level is 3.84% lower than average gold price observed in the past 30 days ($1878.5). Among other precious metals, silver prices saw a fall today. Silver plunged 2.0% to $23.0 per Troy ounce.

The precious metal platinum prices remained stable at $962.0 per Troy ounce. Meanwhile in India, gold was priced at Rs. 48590.0 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. 48800.0 . 

MCX Gold on Nov 30, 2020

On MCX, gold futures prices in India jumped 0.19% to Rs. 50858.0 per 10 gram. In the previous session, gold was up 1.29% or about Rs. 96.63 per 10 gram.

On MCX, silver futures remained stable at Rs. 60388.0 per kg.

The gold spot price today (Rs. 48800.0) decreased by Rs.0.0 from yesterday (Rs. 48850.0), whereas global spot prices was steady at $1809.0 value today. However, no change was seen in MCX future price with a value of Rs. 48590.0 as of today.

Currency Exchange Rate on Nov 30, 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.

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