Gold prices on the Multi Commodity Exchange (MCX) increased marginally on Tuesday, December 14, 2021. Gold futures were trading at Rs 48305.00 per 10 gm, up 141 points or 0.29%, in the Indian market. In global markets, gold was priced at $1,787.95 per oz. 

Platinum was trading at $933.00 while palladium was trading at $1,687.50. Silver futures were trading at Rs 61591.00 per kg, up 440 points or 0.72%. In the spot market, the 22-carat gold was sold at Rs 47,030 per 10 grams while silver was priced at Rs 60,931 per kg on Monday according to the Indian Bullion and Jewellers Association.  

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In Delhi, the price of 24-carat gold stands at Rs 51,560, while in Mumbai it is at Rs 47,780, according to the Goodreturns website.

The price of 10 grams of 22-carat gold in Delhi and Mumbai is at Rs 47,260 and Rs 46,780, respectively.

In Chennai, 10 grams of 24-carat gold is selling at Rs 49,400 on Tuesday, while 10 grams of 22-carat gold is selling at Rs 45,290.

In Kolkata, 24-carat gold is selling at Rs 50,050, while 22-carat gold’s price is at Rs 47,350.

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In Chennai, the price of 1 kg of silver is at Rs 65,300 on Tuesday while in Delhi and Mumbai, the metal is selling at Rs 61,200.

Gold has struggled this year after hitting a record high of Rs 56,200 in 2020 as the dollar strengthened on hopes of a swift economic recovery as Covid vaccination picked up the pace.

Global equity markets also retreated today as investors grew increasingly concerned about a growing energy crisis and spiking inflation.

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Copper futures were trading at Rs 731.30 up 0.10% while Nickel and Aluminium futures were trading at Rs 1548.70 and Rs 216.65 per Kg respectively on MCX.