Gold, silver and other metal prices on January 5, 2022

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Gold futures were trading at Rs 47950.00 per 10 gm, up 234 points or 0.49%
Silver futures were trading at Rs 62130.00 per kg, down 96 points or 0.15%
Platinum was trading at $971.00 while palladium was trading at $1,875.00

Written By:Yash

Updated: January 04 2022 06:15:24 PM ET

Gold prices on the Multi Commodity Exchange (MCX) increased marginally on Wednesday, January 5, 2021. Gold futures were trading at Rs 47950.00 per 10 gm, up 234 points or 0.49%, in the Indian market. In global markets, gold was priced at $1,815.49 per oz.

Platinum was trading at $971.00 while palladium was trading at $1,875.00. Silver futures were trading at Rs 62130.00 per kg, down 96 points or 0.15%.

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In the spot market, the 22-carat gold was sold at Rs 46,820 per 10 grams while silver was priced at Rs 61,496 per kg on Tuesday according to the Indian Bullion and Jewellers Association.

In Delhi, the price of 24-carat gold stands at Rs 51,330, while in Mumbai it is at Rs 49,260, according to the Goodreturns website.

The price of 10 grams of 22-carat gold in Delhi and Mumbai is at Rs 47,050 and Rs 47,260, respectively.

In Chennai, 10 grams of 24-carat gold is selling at Rs 49,230 on Wednesday, while 10 grams of 22-carat gold is selling at Rs 45,170.

In Kolkata, 24-carat gold is selling at Rs 49,800, while 22-carat gold’s price is at Rs 47,100, according to the website.

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In Chennai, the price of 1 kg of silver is at Rs 65,700 on Wednesday, while in Delhi and Mumbai, the metal is selling at Rs 61,700.

Silver is selling at Rs 61,700 per kg in Kolkata and Bengaluru, while in Hyderabad, the metal is selling at Rs 65,700 a kg.

Gold has struggled in 2021after 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.

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

Copper futures were trading at Rs 748.55 down 0.35% while Nickel and Aluminium futures were trading at Rs 1584.90 and Rs 226.25 per Kg respectively on MCX.