New Delhi, Aug. 12 -- Gold and silver prices in your city on August 12: Gold rates fell slightly by 0.04% in the domestic futures market on Tuesday, August 12, due to profit booking ahead of retail inflation data. Speculations that the end of the Russia-Ukraine war could be near also weighed on the yellow metal.

On Tuesday, August 12, MCX Gold October 3 contracts were priced at Rs.1,00,279 per 10 grams, while MCX Silver September 5 contracts rose by 0.26% at Rs.1,13,585 per kg at around 9:47 am today.

In terms of returns,gold prices have surged by as much as 1200%, rising from Rs.7,638 in 2005 to over Rs.1,00,000 in 2025 (up to June). Over the past 20 years, they have providedpositive returns in 16 years.

Further,silver has demonstrate...