LAST UPDATED: Jan. 19, 2021, 1:42 p.m.
New Delhi (Anish Yande): Gold and silver prices were mixed in Indian markets on Tuesday. On the Multi Commodity Exchange, February futures for 24-carat gold rose to Rs 48,960 for 10 grams, an increase of 0.12 percent. Silver increased to Rs 65,760 per kg, an increase of 0.5 percent.
US markets remained optimistic on Tuesday as President-elect Joe Biden proposed a $1.9 trillion stimulus package. Spot gold increased to $1,838.51 per ounce, an increase of 0.1 percent. The prices of spot gold decreased to a low level at $1,809.90 in previous sessions.
In global markets, silver decreased to $25.05 an ounce, a decrease of 1.1 percent. Platinum rose to $1,092.65, an increase of 1.3 percent. Palladium decreased to $2,364, a decrease of 0.3 percent.
Prices of Gold and Silver rates:
The prices for 22-carat gold in India for 10 grams was recorded at Rs 47,970. The price of 24-carat gold in India for 10 grams was stated at Rs 48,970.
22-carat gold prices for gold in Delhi are stated at Rs 47,660 for 10 grams. In the national capital, the gold prices are stated at Rs 51,990 for 10 grams of 24-carat gold.
The 22-carat gold price for 10 grams in Mumbai and Pune is Rs 47,970. The prices for 24-carat gold in 10 grams rose to Rs 48,970 in Mumbai and Pune.
In Mangalore, Vijaywada, and Bhubaneshwar, the prices of 10 grams of 22 carats of gold are stated at Rs 45,650. The rate for 24 carats of gold in 10 grams is Rs 49,800.
In Chandigarh, the price for 10 grams of gold for 22-carat gold is Rs 49,310. The rate of 24-carat gold for 10 grams in the city were at Rs 52,210.
Silver prices rose on Tuesday by Rs 300 to Rs 65,800
In cities such as Nashik, Nagpur, and Patna, the prices of 22-carats of gold in 10 grams are at Rs 47,970. The prices of 24-carat gold in 10 grams are Rs 48,970 in these cities.
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