On December 28, 2021, both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX). Witnessing a hike of Rs 100 or 0.21 per cent, gold futures maturing on February 4, 2022, are retailing at Rs 48,328 per 10 grams on the MCX.

Meanwhile, the market rates of silver maturing on March 4, 2022, stand at Rs 62,525 per kg, recording a jump of Rs 163 or 0.26 per cent.

Yesterday, on December 27, 2021, while gold was on the higher side, silver was trading on the lower side of the MCX. While gold prices stood at Rs 48,119, recording a hike of Rs 116 or 0.24 per cent, silver was trading at Rs 62,187 per kg, recording a downfall of Rs 106 or 0.17 per cent.

The market rates of gold and silver stood at Rs 48,066 per 10 grams and Rs 62,301 per kg respectively when the market closed yesterday.

Gold and silver prices in the international market:

According to Reuters, gold prices slipped from a one-week high in thin trading on Tuesday, as concerns over the Omicron and strong U.S. retail sales data boosted risk appetite.

The metal report suggested that spot gold was down by 0.1 percent at $1,808.91 per ounce by 0328 GMT, after touching its highest since December 17 on Monday.

Meanwhile, U.S. gold futures were up 0.1 percent at $1,810.00.

In addition to this, spot silver fell 0.3 percent to $22.98 an ounce.

Gold and Silver prices in major Indian cities: