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₹2,000 per 10 gram from last month's highs

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₹46,072 per 10 gram, following a ₹400 rally in the previous session. Silver futures on MCX declined 0.12% to ₹48,127 per kg after surging about ₹900 in the previous session.

Gold prices in India have fallen about ₹2,000 per 10 gram from last month's record high of about ₹48,000 as improved global risk sentiment took some shine off the safe-haven appeal of gold.

In global markets, gold prices rose today, lifted by a weak US dollar and worries about a continuous rise in coronavirus cases globally.

Spot gold was up 0.4% at $1,700.78 per ounce. The US dollar was near near a three-month low against a basket of other currencies, making gold cheaper for holders of other currencies.

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