Gold prices decreased in international markets on March 8, 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 Tuesday, March 8, 2022. Gold futures were trading at Rs 53,494.00 per 10 gm, down 23 points or 0.04%, in the Indian market. Silver futures were trading at Rs 70,074.00 per kg, up 105 points or 0.15%.

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In global markets, gold was priced at $1,987.58 per oz. Platinum was trading at $1,130.26 while palladium was trading at $3,018.00. 

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In the spot market, the 22-carat gold was sold at Rs 52,310 per 10 grams while silver was priced at Rs 70,580 per kg on Monday according to the Indian Bullion and Jewellers Association.  

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Copper futures were trading at Rs 846.50 up 0.37% while Nickel and Aluminium futures were trading at Rs 3,740.00 and Rs 302.10 per Kg respectively on MCX. 

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Gold price today in Chennai for 24 carats (10 grams) is Rs 55,650 while the 22 carat (10 grams) is Rs 51,012. In the national capital Delhi, the Gold rate for 24 carats (10 grams) is Rs 53,890 while 22 carats (10 grams) is Rs 49,400. 

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The rate of Gold for 24 carats (10 grams) in Kolkata is Rs 53,890 while 22 carats (10 grams) is Rs 49,400. On the other hand, the price of 24-carat gold (10 grams) in Mumbai is Rs 53,890 while 22-carat gold (10 grams) is Rs 49,400.