Gold, silver and other metal prices on Wednesday, July 13, 2022
Gold futures were trading at Rs 50,487.00 per 10 gm, up 30 points or 0.06%
Silver futures were trading at Rs 56,437.00 per kg, down 29.00 points or 0.05%
Platinum was trading at $847.50 while palladium was trading at $1,994.50
Gold price in India edged higher on Wednesday. It steadied near a near-month low on Wednesday, as cautious investors awaited monthly US inflation data for hints on the road ahead for the Federal Reserve’s monetary policy.
Gold prices on the Multi Commodity Exchange (MCX) increased marginally on Wednesday, July 13, 2022. Gold futures were trading at Rs 50,487.00 per 10 gm, up 30 points or 0.06%, in the Indian market. Silver futures were trading at Rs 56,437.00 per kg, down 29.00 points or 0.05%.
In global markets, gold was priced at $1,725.13 per oz while Silver is priced at $18.95. Platinum was trading at $847.50 while palladium was trading at $1,994.50.
In the spot market, the 22-carat gold was sold at Rs 49,660 per 10 grams while silver was priced at Rs 56,097 per kg on Tuesday according to the Indian Bullion and Jewellers Association.
Copper futures were trading at Rs 628.20 up 0.28% while Natural Gas and Aluminium futures were trading at Rs 449.50 and Rs 206.15 per Kg respectively on MCX.
The 24-carat gold prices, ten grams of the highly sought-after metal can be purchased for Rs 51,054 in New Delhi, Mumbai, and Kolkata. In Chennai, the same quantity of 24-carat gold is being offered for Rs 50,950.
Ten grams of 22-carat gold costs Rs 46,950 and Rs 46,880 in Chandigarh and Nagpur, respectively. The same amount of 24-carat purity is being traded-in Chandigarh for Rs 51,200 and in Nagpur for Rs 51,150.
In Kerala and Hyderabad, ten grams of 22-carat gold costs Rs 46,800, while in Bengaluru, the same quantity costs Rs 46,850. The same quantity of 22-carat gold is offered for Rs 46,800 in Vijaywada, Bhubaneswar and Vishakhapatnam.
Furthermore, ten grams of 24-carat gold is worth Rs 51,054 in Hyderabad, Kerala, Bhubaneswar, Vijayawada and Vishakhapatnam. The same quantity of 24-carat gold is available for Rs 51,100 in Bengaluru.
Ten grams of 22-carat gold costs Rs 46,880 and Rs 46,700 in Nashik and Coimbatore, respectively. The same quantity of 24-carat purity is priced at Rs 51,150 in Nashik and Rs 50,950 in Coimbatore.
Ten grams of 22-carat gold can be purchased and sold in Pune and Jaipur for Rs 46,880 and Rs 46,950, respectively. The same amount of 24-carat purity costs Rs 51,150 in Pune and Rs 51,200 in Jaipur.