Gold prices decreased in international markets on March 15, levelling out following a tumultuous session, as investors reviewed the circumstances surrounding Russia’s invasion of Ukraine and sanctions imposed on Moscow.
Gold prices on the Multi Commodity Exchange (MCX) decreased marginally on Tuesday, March 15, 2022. Gold futures were trading at Rs 51,650.00 per 10 gm, down 654 points or 1.25%, in the Indian market. Silver futures were trading at Rs 67,970.00 per kg, down 874 points or 1.27%.
In global markets, gold was priced at $1,932.81 per oz. Platinum was trading at $1,023.53 while palladium was trading at $2,408.51.
In the spot market, the 22-carat gold was sold at Rs 50,710 per 10 grams while silver was priced at Rs 68,414 per kg on Monday according to the Indian Bullion and Jewellers Association.
Copper futures were trading at Rs 794.10 down 0.26% while Nickel and Aluminium futures were trading at Rs 2855.00 and Rs 269.00 per Kg respectively on MCX.
The 10 grams of 22-carat gold in Mumbai, New Delhi and Kolkata is being sold for Rs 48,090. The same quantity of the much-in-demand metal is being traded at Rs 48,680 in Chennai., according to goodreturns.
Ten grams of 24-carat gold in New Delhi, Kolkata and Mumbai are being bought and sold at Rs 52,460. The same quantity of 24-carat gold in Chennai is currently priced at Rs 53,110.
In Bengaluru, Hyderabad and Kerala, 10 grams of 22-carat gold is being traded at Rs 48,090. Similarly, in Mysore, Mangalore and Visakhapatnam, the same quantity of 22-carat purity is also being bought and sold for Rs 48,090 today. The 10 grams of 24-carat gold is being procured at Rs 52,460 in all the above areas.
In Vadodara and Ahmedabad, 10 grams of 22-carat gold is being sold at Rs 48,170 and Rs 48,150 respectively. Moreover, the same quantity of 24-carat purity is being procured at Rs 52,630 in Vadodara and Rs 52,520 in Ahmedabad. In Coimbatore, 10 grams of 24-carat gold is priced at Rs 53,110, while the same quantity of 22-carat gold is valued at Rs 48,680.