Gold prices in Indian markets today jumped for the second day in a row amid a global riskoff move as US-China discord flared again and North and South Korea exchanged fire at their border.
On MCX, June gold futures prices rose 0.7% to ₹45,830 per 10 gram, on the back of a ₹650 per 10 gram gain in the previous session.
July silver futures edged 0.44% higher at ₹41,780 per kg. The two-day gain in domestic gold prices comes on the back of a four-day slide in the price in yellow metal amid swings in global risk-on, risk-off sentiments.
U.S. Secretary of State Michael Pompeo on Sunday said “enormous evidence" shows the novel coronavirus outbreak began in a laboratory in Wuhan, China.