On December 15, 2021, gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX). Witnessing a dip of Rs 47 or 0.10 per cent, gold futures, maturing on February 4, 2022, are trading at Rs 48,039 per 10 grams on the MCX.
Meanwhile, recording a marginal downfall of Rs 69 or 0.11 per cent, silver futures, maturing on March 4, 2022, stand at Rs 60,733 per kg.
Gold and silver prices in the international market:
As per Reuters, gold held steady on Wednesday after a sharp drop in the previous session, as investors looked for clues on the pace of tapering by the U.S. Federal Reserve at the end of a two-day policy meeting.
Meanwhile, spot gold was up 0.1 per cent to $1,772.12 per ounce by 0126 GMT. U.S. gold futures were unchanged at $1,771.60. The dollar index held firm against rival currencies.
The U.S. central bank’s two-day monetary policy meeting is set to end later in the day, with investors expecting the Fed to announce a faster wind-down of asset purchases.
On the other hand, spot silver rose 0.1% to $21.95 an ounce.
Gold and Silver prices in major Indian cities:
|CITY||GOLD (per 10 grams, 22 carats)||SILVER (per kg)|
|NEW DELHI||Rs 47,410||Rs 60,900|
|MUMBAI||Rs 47,160||Rs 60,900|
|KOLKATA||Rs 47,410||Rs 60,900|
|CHENNAI||Rs 45,190||Rs 64,600|