On Monday, April 11, 2022, both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX).
Witnessing a marginal hike of Rs 56 or 0.11 per cent, gold futures maturing on June 3, 2022, are retailing at Rs 52,180 per 10 grams on the MCX.
Meanwhile, the rate of silver futures, maturing on May 5, 2022, stands at Rs 67,146 per kg, recording a jump of 0.14 per cent or Rs 94
Notably, the prices of gold and silver stood at Rs 52,071 per 10 grams and Rs 66,992 per kg respectively when the market closed on April 8.
GOLD AND SILVER PRICES ON THE INTERNATIONAL MARKET
As per Reuters, gold prices eased on Monday, as the dollar and Treasury yields firmed on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, while fresh concerns over Russia’s attacks in eastern Ukraine lent some support for safe-haven metal.
As per the latest metal report, spot gold was down 0.2 percent at $1,942.93 per ounce, after hitting a more than one-week high of $1,949.32 earlier in the day. Meanwhile, U.S. gold futures were up 0.2 percent at $1,949.00.
PRICES IN MAJOR INDIAN CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 48,600 | Rs 67,100 |
| MUMBAI | Rs 48,600 | Rs 67,100 |
| KOLKATA | Rs 48,600 | Rs 67,100 |
| CHENNAI | Rs 49,190 | Rs 71,500 |
