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₹1,500 per 10 gram from highs

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Gold prices edged higher today in domestic markets, tracking an uptick in global rates as US-China rift deepened over further moves by Beijing to impose a security law on Hong Kong.

On MCX, June gold futures rose 0.34% to ₹46,565 per 10 gram while July silver futures edged 0.3% higher at ₹48,710 per kg. Gold prices in India had hit a record high of ₹47,980 per 10 gram earlier this month but since then has corrected as risk sentiment improved amid reopening of some economies. "On the MCX, gold opened positive as overnight COMEX gold appreciated due to worsening economic data from the US and trade relations with China.

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