Gold prices decreased in international markets on March 10, levelling out following a tumultuous session, as investors reviewed the circumstances surrounding Russia’s invasion of Ukraine and sanctions imposed on Moscow.

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Gold prices on the Multi Commodity Exchange (MCX) decreased marginally on Thursday, March 10, 2022. Gold futures were trading at Rs 52,594.00 per 10 gm, down 151 points or 0.29%, in the Indian market. Silver futures were trading at Rs 69,364.00 per kg, down 211 points or 0.30%.

In global markets, gold was priced at $1,983.14 per oz. Platinum was trading at $1,062.55 while palladium was trading at $2,925.64. 

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In the spot market, the 22-carat gold was sold at Rs 51,870 per 10 grams while silver was priced at Rs 70.834 per kg on Wednesday according to the Indian Bullion and Jewellers Association.  

Copper futures were trading at Rs 797.35 down 0.43% while Nickel and Aluminium futures were trading at Rs 3077.00 and Rs 269.65 per Kg respectively on MCX. 

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In New Delhi, Kolkata and Mumbai, 10 grams of 22-carat gold are being sold at Rs 49,800, as per the Good Returns website. While in Chennai, 10 grams of the much-in-demand metal is priced at Rs 50,200.

The price of 24-carat gold, 10 grams of it in New Delhi, Mumbai and Kolkata, is being sold at Rs 54,330. The same amount of 24-carat purity is valued at Rs 54,770 in Chennai.

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In Bengaluru, Hyderabad and Kerala, 10 grams of 22-carat gold is being procured at Rs 49,800. Similarly, in cities like Mangalore, Visakhapatnam, Mysore, 10 grams of 22-carat purity is also priced at Rs 49,800. However, 10 grams of 24-carat purity is being traded at Rs 54,330 in all the above regions.

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In Pune, Vadodara and Jaipur, 10 grams of 22-carat gold are being obtained for Rs 49,830, Rs 49,850 and Rs 49,950, respectively. Whereas, the same quantity of 24-carat purity is valued at Rs 54,369 in Pune, Rs 54,380 in Vadodara and Rs 54,480 in Jaipur, today.

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In Chandigarh, Nagpur and Patna, 10 grams of 22-carat gold is being traded at Rs 49,950, Rs 49,850 and Rs 49,830, respectively. On the other hand, 10 grams of 24-carat purity is being sold at Rs 54,480 in Chandigarh, Rs 54,380 in Nagpur and Rs 54,360 in Patna.