Gold prices on the Multi Commodity Exchange (MCX) decreased marginally on Tuesday, December 21, 2021. Gold futures were trading at Rs 48,237.00 per 10 gm, down 357 points or 0.73%, in the Indian market. In global markets, gold was priced at $1,790.70 per oz.
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Platinum was trading at $935.50 while palladium was trading at $1,755.50. Silver futures were trading at Rs 61366.00 per kg, down 771 points or 1.24%. In the spot market, the 22-carat gold was sold at Rs 47,360 per 10 grams while silver was priced at Rs 61,106 per kg on Monday according to the Indian Bullion and Jewellers Association.
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In Delhi, the price of 24-carat gold stands at Rs 52,200, while in Mumbai it is at Rs 48,640, according to the Goodreturns website.
The price of 10 grams of 22-carat gold in Delhi and Mumbai is at Rs 47,850 and Rs 47,640, respectively.
In Chennai, 10 grams of 24-carat gold is selling at Rs 50,100 on Tuesday, while 10 grams of 22-carat gold is selling at Rs 45,910.
In Kolkata, 24-carat gold is selling at Rs 50,650, while 22-carat gold’s price is at Rs 47,950, according to the Goodreturns website.
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In Chennai, the price of 1 kg of silver is at Rs 65,960, while in Delhi and Mumbai, the metal is selling at Rs 61,900.
Silver is selling at Rs 61,900 per kg in Kolkata and Bengaluru, while in Hyderabad, the metal is selling at Rs 65,960 a kg.
Gold has struggled this year after hitting a record high of Rs 56,200 in 2020 as the dollar strengthened on hopes of a swift economic recovery as Covid vaccination picked up the pace.
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Global equity markets also retreated today as investors grew increasingly concerned about a growing energy crisis and spiking inflation.
Copper futures were trading at Rs 738.95 down 0.23% while Nickel and Aluminium futures were trading at Rs 1526.70 and Rs 216.45 per Kg respectively on MCX.