Gold prices in India fell on Tuesday, defying global trends, as the yellow metal lost its lustre in favour of riskier investments. The robust US dollar and rising bond yields affected sentiments as well.

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Gold prices on the Multi Commodity Exchange (MCX) decreased marginally on Tuesday, March 29, 2022. Gold futures were trading at Rs 51,249.00 per 10 gm, down 322  points or 0.62%, in the Indian market. Silver futures were trading at Rs 67,670.00 per kg, down 435 points or 0.64%.

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In global markets, gold was priced at $1,923.41 per oz. Platinum was trading at $982.74 while palladium was trading at $2,263.66. 

In the spot market, the 22-carat gold was sold at Rs 50,450 per 10 grams while silver was priced at Rs 67,592 per kg on Monday according to the Indian Bullion and Jewellers Association.  

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Copper futures were trading at Rs 819.00 down 0.40% while Nickel and Aluminium futures were trading at Rs 2,500.00 and Rs 290.20 per Kg respectively on MCX. 

The 10 grams of 22-carat gold in Kolkata, New Delhi and Mumbai is being sold at Rs 47,950. The same quantity of the precious yellow metal is being traded at Rs 48,160 in Chennai today, according to the Good Returns website.

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The 24-carat gold rate, 10 grams of the much-in-demand metal is priced at Rs 52,310 in Kolkata and Mumbai. Meanwhile, in Chennai and New Delhi, the same amount of 24-carat purity is being traded at Rs 52,650 and Rs 52,550, respectively.

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In Bhubaneswar, Mangalore and Vishakhapatnam, 10 grams of 22-carat gold is being procured at Rs 47,950, presently. Likewise, in Kerala, Hyderabad and Bengaluru, the same quantity of 22-carat purity is also priced at Rs 47,950. Ten grams of 24-carat gold in all the above areas is being sold at Rs 52,310.

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In Pune and Vadodara, 10 grams of 22-carat gold is being bought and sold at Rs 48,050 and Rs 47,980, respectively. The same quantity of 24-carat purity is being purchased at Rs 52,400 in Pune and Rs 52,340 in Vadodara.

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In Jaipur and Coimbatore, 10 grams of 22-carat gold is priced at Rs 48,100 and Rs 48,160 today. Furthermore, the same quantity of 24-carat of the valuable metal is being obtained at Rs 52,450 in Jaipur and Rs 52,550 in Coimbatore.