Gold Silver Positional Tips Rocking Enjoy Blast Bullion Market. The dollar to rupee conversion today improved to Rs 72 as compared to previous close of Rs 73. The fall of dollar against rupee might influence gold’s rate today reflecting a lower gold price in the domestic markets.
Read – Gold Silver Positional Tips
Gold MCX 49970 to 50955 = 985 Points (All Most 1000 Pints)
Silver MCX 67344 to 70259 = 2915 Points (All Most 3000 Points)
MCX Gold Silver on Jan 04, 2021
MCX gold futures prices in India jumped 0.19% to Rs 50,955 per 10 gram. In the previous session, gold was up 1.29% or about Rs 96.63 per 10 gram.
On MCX, silver futures grew nearly 2% or Rs 1,728 per kg to the price level of Rs 70,259 per kg.
The gold spot price today (Rs 50,070) increased by Rs 507.94 from yesterday (Rs 50,060), along with global spot prices growth of $22.0 to $1,921.3 value today. Similar trend was observed in MCX future price with an increase of Rs 507.94 and value of Rs 50,794 as of today.
Gold and other precious metals on Jan 04, 2021
Global spot prices continued to grow as per the current close with a value of $1,921.3 per Troy ounce. The total growth being of 1.19%. This price level is 2.77% higher than average gold price observed in the past 30 days ($1,868). Among other precious metals, silver prices edged higher today. Silver gained 2.43% to $27 per Troy ounce.
Further, platinum price has shown an uptick. The precious metal platinum rose 2.28% to $1,099 per Troy ounce. Meanwhile in India, gold was priced at Rs 50,794 per 10 gram on MCX, with a change of Rs 507.94. Also, the price of 24k gold in the Indian spot market was quoted at Rs 50,070 .