Gold prices on the Multi Commodity Exchange (MCX) increased marginally on Thursday, January 6, 2022. Gold futures were trading at Rs 48038.00 per 10 gm, up 89 points or 0.19%, in the Indian market. In global markets, gold was priced at $1,808.40 per oz. 

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Platinum was trading at $984.00 while palladium was trading at $1,859.50. Silver futures were trading at Rs 61381.00 per kg, down 857 points or 1.38%. 

In the spot market, the 22-carat gold was sold at Rs 46,990 per 10 grams while silver was priced at Rs 61,896 per kg on Wednesday according to the Indian Bullion and Jewellers Association.  

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In Delhi, the price of 24-carat gold stands at Rs 51,580, while in Mumbai it is at Rs 49,080, according to the Goodreturns website.

The price of 10 grams of 22-carat gold in Delhi and Mumbai is at Rs 47,300 and Rs 47,080, respectively.

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In Chennai, 10 grams of 24-carat gold is selling at Rs 49,480 on Thursday, while 10 grams of 22-carat gold is selling at Rs 45,350.

In Kolkata and Bengaluru, 24-carat gold is selling at Rs 49,950, while 22-carat gold’s price is at Rs 47,250, according to the website.

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In Chennai, the price of 1 kg of silver is at Rs 66,100 on Thursday, while in Delhi and Mumbai, the metal is selling at Rs 62,300.

Silver is selling at Rs 62,300 per kg in Kolkata and Bengaluru, while in Hyderabad, the metal is selling at Rs 66,100 a kg.

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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 741.60 down 0.23% while Nickel and Aluminium futures were trading at Rs 1560.30 and Rs 231.50 per Kg respectively on MCX.