On December 27, while gold is trading on the higher side, silver rates are retailing on the lower side of the Multi Commodity Exchange (MCX). With a hike of Rs 116 or 0.24 per cent, gold futures maturing on February 4, 2022, are retailing at Rs 48,119 per 10 grams on the MCX.

Meanwhile, silver rates, maturing on March 4, 2022, stand at Rs 62,187 per kg, recording a downfall of Rs 106 or 0.17 per cent.

Gold and silver prices in the international market:

As per Reuter, gold held steady on Monday above the key level of $1,800 per ounce, as slightly weaker U.S. Treasury yields countered an uptick in the dollar.

Meanwhile, spot gold rose 0.1 per cent to $1,809.95 per ounce by 0323 GMT, staying mostly ahead of $1,800 since closing above that level for the first time in a month last week.

U.S. gold futures were little changed at $1,811.40. The dollar index inched up from its weakest level in nearly a week, making greenback-priced gold less attractive for holders of non-U.S. currencies.

While spot silver dropped 0.8 per cent to $22.76 an ounce, and platinum fell 0.9 per cent to $965.45.

Gold and Silver prices in major Indian cities: