Gold prices on the Multi Commodity Exchange (MCX) increased marginally on Monday, December 06, 2021. Gold futures were trading at Rs 47961.00 per 10 gm, up 58 points or 0.12%, in the Indian market. In global markets, gold was priced at $1,784.00 per oz. 

Also Read| Stock market midday report: Sensex down 450 points, Nifty around 17,000

Platinum was trading at $941.00 while palladium was trading at $1,810.50. Silver futures were trading at Rs 61655.00 per kg, up 139 points or 0.23%. In the spot market, the 22-carat gold was sold at Rs 46,400 per 10 grams while silver was priced at Rs 60,843 per kg on Friday according to the Indian Bullion and Jewellers Association.  

Also Read| Fuel Price today: Petrol priced at Rs 95.41, diesel Rs 86.67 in Delhi on December 6

A fluctuation in gold prices was observed in different metro cities today. Gold price today in Chennai for 24 carats (10 grams) is Rs 49,010 while the 22 carat (10 grams) is Rs 44,925. In the national capital Delhi, the Gold rate for 24 carats (10 grams) is Rs 50,840 while 22 carats (10 grams) is Rs 46,600. The rate of Gold for 24 carats (10 grams) in Kolkata is Rs 49,550 while 22 carat (10 grams) is Rs 46,850. On the other hand, the price of 24-carat gold (10 grams) in Mumbai is Rs 47,450 while 22-carat gold (10 grams) is Rs 46,450.

Also Read| Trade Setup: Top 15 things to know before market opens on December 6, 2021

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.

Also Read| Trending Stocks: DCB Bank, Jubilant, Kirloskar and others in news today

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

Also Read| Bitcoin news daily: Data and price analysis for December 6, 2021

Copper futures were trading at Rs 725.60 up 0.36% while Nickel and Aluminium futures were trading at Rs 1552.00 and Rs 210.85 per Kg respectively on MCX. 

Also Read| Bulk Deal: Eriska buys stake in Karda cons., NIEF offloaded Kirloskar shares