Witnessing a marginal dip of Rs 3 or 0.1 per cent, gold futures maturing on October 5, 2021, stand at Rs 47,235 per 10 grams on the Multi Commodity Exchange (MCX) on Tuesday. Meanwhile, silver futures maturing on September 3, 2021, are retailing at Rs 63,843 per kg, recording a hike of Rs 189 or 0.30 per cent.
Yesterday, while gold stood at Rs 46,950 per 10 grams on the MCX, silver was trading at Rs 63,141, witnessing a drop of Rs 131 or 0.21 per cent.
Gold and silver prices on the international market:
According to Reuters, gold prices inched lower on Tuesday, as a firmer dollar outweighed safe-haven demand due to intensifying coronavirus Delta variant cases and ease in bets on early tapering by the U.S. Federal Reserve.
Spot gold fell 0.1 per cent to $1,785.80 per ounce by 0347 GMT, lingering below an over one-week peak of $1,788.97 touched on Monday. U.S. gold futures eased 0.1 per cent to $1,788.00.
Asian shares declined in early trade on growing anxiety over the spike in the Delta variant infections and turmoil in Afghanistan. Among other precious metals, silver rose 0.1 per cent to $23.85 per ounce, while platinum eased 0.2 per cent to $1,020.69.
Gold and Silver prices in major Indian cities
| CITY | GOLD (per 10 grams,22 carats) | SILVER (per kg) |
| New Delhi | Rs 46,160 | Rs 63,600 |
| Kolkata | Rs 46,500 | Rs 63,600 |
| Mumbai | Rs 45,970 | Rs 63,600 |
| Jaipur | Rs 46,000 | Rs 63,600 |
| Chennai | Rs 44,480 | Rs 67,700 |
