On Tuesday, January 4, 2022, while gold is trading on the higher side, silver rates are retailing on the lower side of the Multi Commodity Exchange (MCX).

Witnessing a hike of Rs 82 or 0.17 per cent, gold futures, maturing on February 2022, are trading at Rs 47,823 per 10 grams on the MCX.

On the other hand, silver rates, maturing on March 4, 2022, stand at Rs 61,713 per kg, recording a marginal downfall of Rs 41 or 0.07 per cent.

Meanwhile, yesterday both gold and silver were trading on the lower side of the Multi Commodity Exchange (MCX).

Notably, the prices of gold and silver stood at Rs 47,716 per 10 grams and Rs 61,741 per kg respectively when the market closed on January 3, 2022.

Gold and silver prices on the international market:

As per Reuters, gold prices gained on Tuesday amid curbs to contain the spread of the Omicron virus.

Spot gold rose 0.3 percent to $1,806.20 per ounce by 0109 GMT, after slipping from a more than one-month high of $1,831.62 in the previous session. Meanwhile, U.S. gold futures were up 0.2 percent to $1,804.50.

In addition to this, spot silver rose 0.3 percent to $22.92 an ounce, according to the latest metal report.

Gold and silver prices in major Indian cities: