An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to Rs 50,830 from Rs 50,820. It was also higher than the previous week average of Rs 50,584.29 by 0.49%.

Although the global gold prices($1,892.7) dropped by 0.37%, the spot gold prices in India(Rs 50,830) saw a growth of 0.02%.

Global spot prices continued to fall as per the current close with a value of $1,892.7 per Troy ounce. The total downturn being of -0.37%. This price level is 0.93% lower than the average gold price observed in the past 30 days ($1,910.3). Among other precious metals, silver prices edged higher today. Silver gained 0.27% to $23.8 per Troy ounce.

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