Gold, silver and other metal prices on January 3, 2022

#Chennai #Delhi #gold

Gold futures were trading at Rs 48055.00 per 10 gm, down 44 points or 0.09%
Silver futures were trading at Rs 62448.00 per kg, down 212 points or 0.34%
Platinum was trading at $969.50 while palladium was trading at $1,900.50

Written By:Yash

Updated: January 02 2022 06:49:54 PM ET

Gold prices on the Multi Commodity Exchange (MCX) decreased marginally on Monday, January 3, 2022. Gold futures were trading at Rs 48055.00 per 10 gm, down 44 points or 0.09%, in the Indian market. In global markets, gold was priced at $1,825.33 per oz.

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Platinum was trading at $969.50 while palladium was trading at $1,900.50. Silver futures were trading at Rs 62448.00 per kg, down 212 points or 0.34%. In the spot market, the 22-carat gold was sold at Rs 46,930 per 10 grams while silver was priced at Rs 61,979 per kg on Friday according to the Indian Bullion and Jewellers Association.

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In Delhi, the price of 24-carat gold stands at Rs 51,940, while in Mumbai it is at Rs 49,160, according to the Goodreturns website.

The price of 10 grams of 22-carat gold in Delhi and Mumbai is at Rs 47,610 and Rs 47,160, respectively.

In Chennai, 10 grams of 24-carat gold is selling at Rs 49,740 on Monday, while 10 grams of 22-carat gold is selling at Rs 45,600.

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In Kolkata, 24-carat gold is selling at Rs 49,860, while 22-carat gold’s price is at Rs 47,160, according to the website.

In Chennai, the price of 1 kg of silver is at Rs 66,600 on Monday, while in Delhi and Mumbai, the metal is selling at Rs 62,700.

Gold has struggled in 2021 after hitting a record high of Rs 56,200 in 2020 as the dollar strengthened in hopes of a swift economic recovery as Covid vaccination picked up the pace.

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

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Copper futures were trading at Rs 747.30 up 0.21% while Nickel and Aluminium futures were trading at Rs 1571.20 and Rs 225.50 per Kg respectively on MCX.