Gold prices on the Multi Commodity Exchange (MCX) increased marginally on Tuesday, November 16, 2021. Gold futures were trading at Rs 49467.00 per 10 gm, up 169 points or 0.34%, in the Indian market. In global markets, gold was priced at $1,866.90 per oz.
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Platinum was trading at $1,091.50 while palladium was trading at $2,140.00. Silver futures were trading at Rs 66980.00 per kg, up 417 points or 0.63%. In the spot market, the 22-carat gold was sold at Rs 48,170 per 10 grams while silver was priced at Rs 66,967 per kg on Monday according to the Indian Bullion and Jewellers Association.
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- Gold price today in Delhi is Rs 48,240 per 10 gram of 22-carat.
- Gold rate in Mumbai is Rs 47,920 per 10 gram of 22-carat.
- Gold price in Chennai is Rs 46,300 per 10 gram of 22-carat.
- Gold rate in Kolkata is Rs 48,240 per 10 gram of 22-carat.
- Gold price in Bengaluru is Rs 45,890 per 10 gram of 22-carat.
- Gold rate in Hyderabad is Rs 45,890 per 10 gram of 22-carat.
- Gold price in Kerala is Rs 45,890 per 10 gram of 22-carat.
- Gold price in Pune is Rs 47,510 per 10 gram of 22-carat.
- Gold rate in Ahmedabad is Rs 47,570 per 10 gram of 22-carat.
- Gold price in Jaipur is Rs 48,190 per 10 gram of 22-carat.
- Gold rate in Patna is Rs 47,510 per 10 gram of 22-carat.
- Gold price in Nagpur is Rs 47,510 per 10 gram of 22-carat.
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.
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Separately, Brent crude, the international oil standard, increased 0.89% to USD 82.78 per barrel. In early trade on Tuesday, the Indian rupee fell 7 paise to 74.53 against the US dollar.
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Copper futures were trading at Rs 740.35 up 0.18% while Nickel and Aluminium futures were trading at Rs 1512.50 and Rs 210.20 per Kg respectively on MCX.