Gold prices in India fell today, tracking a decline in global rates and an appreciation of the rupee against the US dollar.
April gold futures on MCX were down 0.8% to ₹43,195 per 10 gram, after they rose 3% or about ₹1,300 per 10 gram in the previous session.
June gold futures were today down 0.5% to ₹43,420. Silver prices edged lower too with futures on MCX down 0.08% to ₹41,290 per kg.
In past four days, gold April futures are up ₹3,700 per 10 gram, tracking a global rally. Trading hours in commodity derivatives trading in India will be cut down from March 30 till April 14, exchanges said.
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