Gold, silver and other metal prices on Monday, March 14, 2022

Gold prices decreased in international markets on March 14, levelling out following a tumultuous session, as investors reviewed the circumstances surrounding Russia’s invasion of Ukraine and sanctions imposed on Moscow.

Also Read| Ruchi Soya share locks at 20% upper circuit as board approves Rs 4,300 crore FPO

Gold prices on the Multi Commodity Exchange (MCX) decreased marginally on Monday, March 14, 2022. Gold futures were trading at Rs 52,669.00 per 10 gm, down 209 points or 0.4%, in the Indian market. Silver futures were trading at Rs 69,911.00 per kg, down 459 points or 0.65%.

In global markets, gold was priced at $1,973.28 per oz. Platinum was trading at $1,054.66 while palladium was trading at $2,690.98. 

Also Read| Jubilant FoodWorks falls 14%, hits 52-week low on CEO Pratik Pota’s exit

In the spot market, the 22-carat gold was sold at Rs 51,200 per 10 grams while silver was priced at Rs 69.713 per kg on Friday according to the Indian Bullion and Jewellers Association.  

Copper futures were trading at Rs 805.95 down 0.55% while Nickel and Aluminium futures were trading at Rs 2,774.00 and Rs 280.50 per Kg respectively on MCX. 

Also Read| Paytm shares tank 13%, hits all-time low after RBI raps payments bank

In Mumbai, New Delhi and Kolkata, 10 grams of 22-carat gold is priced at Rs 48,410, according to the Good Returns website. The much-in-demand metal is being traded at Rs 48,950 for 10 grams in Chennai.

The 10 grams of 24-carat gold in Kolkata, New Delhi and Mumbai is being sold at Rs 52,810. However, in Chennai, the same quantity of 24-carat purity is being procured at Rs 53,400.

Also Read| Sensex surges 300 points while Nifty around 16,700 in early trade

In Vijayawada, Bhubaneswar and Mysore, 10 grams of 22-carat gold currently stands at Rs 48,410. In  Bengaluru, Hyderabad and Kerala, the same quantity of 22-carat gold is being traded at Rs 48,410 as well. Moreover, 10 grams of 24-carat purity is being sold at Rs 52,810 in all the above regions.

Also Read| Trending Stocks: Paytm, ICICI Bank, Jubilant Food, Gail and others in news today

Meanwhile, in Pune, Vadodara and Ahmedabad, 10 grams of 22-carat gold is being obtained at Rs 48,460, Rs 48,490 and Rs 48,450, respectively. The same quantity of 24-carat purity is being traded at Rs 52,860 in Pune, Rs 52,890 in Vadodara and Rs 52,850 in Ahmedabad, today.

Also Read| Stocks that should be on your watchlist on Monday, March 14, 2022

In Coimbatore, Chandigarh and Patna, 10 grams of 22-carat gold is priced at Rs 48,950, Rs 48,560 and Rs 48,460, separately. Similarly, 24-carat purity is priced at Rs 53,400 in Coimbatore, Rs 52,960 in Chandigarh and Rs 52,860 in Patna for 10 grams.