Both gold and silver prices are retailing on the higher side of the Multi Commodity Exchange (MCX) on April 18, Monday.
With a hike of Rs 354 or 0.67 per cent, gold futures maturing on June 3, 2022, are trading at Rs 53,470 per 10 grams on the MCX.
Meanwhile, silver futures maturing on May 5, 2022, are retailing at Rs 69,499 per kg, recording a jump of Rs 823 or 1.19 per cent.
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INTERNATIONAL MARKET RATES
As per Reuters, gold prices rose on Monday to their highest since mid-March, as the Russia-Ukraine crisis soured risk sentiment and drove investors to the safety of bullion.
Spot gold was up 0.5 per cent at $1,984.58 per ounce, as of 0202 GMT, hitting its highest since March 14. U.S. gold futures were up 0.7 per cent at $1,987.70.
Gold posted its second straight weekly gain on Thursday, buoyed by safe-haven demand amid the Ukraine crisis and soaring inflation. Most markets were closed on Friday for a holiday.
Spot silver rose 0.7 per cent to $25.87 per ounce, platinum gained 1.2 per cent to $1,001.57, and palladium climbed 1.6 per cent to $2,406.85.
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PRICES IN MAJOR INDIAN CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 49,550 | Rs 69,100 |
| MUMBAI | Rs 49,550 | Rs 69,100 |
| KOLKATA | Rs 49,550 | Rs 69,100 |
| CHENNAI | Rs 50,140 | Rs 74,200 |
