On November 25, gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX), for the second time in a row. Witnessing a hike of Rs 103 or 0.22 per cent, gold futures, maturing on December 3, 2021, are trading at Rs 47,545 per 10 grams on the MCX.

Meanwhile, recording a marginal hike of Rs 240 or 0.38 per cent, silver futures, maturing on December 3, 2021, stand at Rs 62,911 per kg.

Yesterday, while gold rates stood at Rs 47,569 per 10 grams on the MCX, silver futures, maturing on December 3, 2021, were at Rs 62,877 per kg.

Gold and silver prices in the international market:

As per Reuters, gold prices edged up on Thursday as the dollar eased slightly, but comments from U.S. Federal Reserve policymakers suggesting the central bank could accelerate stimulus tapering weighed on the metal and kept it well below the key $1,800 mark.

Meanwhile, spot gold rose 0.2 per cent to $1,792.05 per ounce by 0137 GMT, after slipping to its lowest since Nov. 4 on Wednesday. U.S. gold futures added 0.4 per cent to $1,791.70.

The dollar index edged 0.1 per cent lower off its highest in 16 months hit on Wednesday, reducing the metal’s cost to buyers holding other currencies.

According to the metal report, spot silver rose 0.5 per cent to $23.64 per ounce. Platinum gained 1.2% to $986.27 and palladium XPD was up 0.7 per cent at$1,864.29.

Gold and Silver prices in major Indian cities: