Gold prices in India fell today, tracking a decline in global rates. On MCX, June gold futures fell 0.23% to ₹46,056 per 10 gram after jumping about ₹800 in the previous session.
Silver futures on MCX edged 0.24% higher to ₹43,228 per kg after surging 3% or ₹1,250 in the previous session. In global markets, gold prices slipped today as an improvement in global risk appetite drove equities higher.
Spot gold slipped 0.2% to $1,714 after surging 2% in the previous session as uncertainties over global economic recovery and renewed US-China tensions over the origin of coronavirus boosted the safe haven appeal of the precious metal.