Gold prices were trading almost flat on Wednesday as the
weakness in the dollar was balanced by concerns about interest rate hikes by
the US Fed next week. Gold failed to make the most of a pullback in the dollar,
with demand for bullion being restrained amid prospects of aggressive monetary
policies and rising US bond yields.

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Gold prices on the Multi Commodity Exchange (MCX) changed
marginally on Wednesday, July 20, 2022. Gold futures were trading at Rs 50,299.00
per 10 gm, down 21 points or 0.04%, in the Indian market. Silver futures were
trading at Rs 55,754.00 per kg, up 27 points or 0.05%.

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In global markets, gold was priced at $1,709.88 per oz
while Silver is priced at $18.82. Platinum was trading at $885.50 while
palladium was trading at $1,882.00.

In the spot market, the 22-carat gold was sold at Rs 49,460
per 10 grams while silver was priced at Rs 55,563 per kg on Tuesday according to
the Indian Bullion and Jewellers Association. 

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Copper futures were trading at Rs 632.80 down 1.39% while
Natural Gas and Aluminium futures were trading at Rs 577.50 and Rs 209.65 per
Kg respectively on MCX.

Ten grams of 22-carat gold are being purchased and sold at
Rs 46,300 in Mumbai, New Delhi, and Kolkata, according to the Good Returns
website. In Chennai, the same amount of valuable yellow metal can be purchased
for Rs 46,580.

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The 24-carat gold prices, ten grams of this in-demand metal
costs Rs 50,510 in Kolkata, New Delhi, and Mumbai. The same quantity is being
marketed in Chennai for Rs 50,810.

Ten grams of 22-carat gold is worth Rs 46,380 and Rs 46,500
in Pune and Lucknow, respectively. The same quantity of 24-carat purity costs
Rs 50,600 in Pune and Rs 50,730 in Lucknow.

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Ten grams of 22-carat gold costs Rs 46,300 in Vishakhapatnam,
Kerala, and Hyderabad. The same amount is worth Rs 46,350 in Bengaluru, Mysore,
and Mangalore. Ten grams of 24-carat gold cost Rs 50,510 in Kerala, Hyderabad,
and Vishakhapatnam.

The same quantity of 24-carat gold may be purchased for Rs
50,570 in Bengaluru, Mysore, and Mangalore.

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Ten grams of 22-carat gold costs Rs 46,580 and Rs 46,370 in
Coimbatore and Surat, respectively. The same amount of 24-carat purity costs Rs
50,810 in Coimbatore and Rs 50,550 in Surat.

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Ten grams of 22-carat gold costs Rs 46,500 in Jaipur and
Chandigarh, respectively. The same amount of 24-carat purity may be purchased
and sold for Rs 50,730 in Jaipur and Chandigarh.