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Gold price today: After 3-day fall, rates rise for 2 days in a row

China South Korea Usa India virus outbreak infection Coronavirus
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Gold prices continued to remain choppy in Indian markets, mirroring a similar trend in overseas markets. On MCX, June gold futures prices were up 0.28% to ₹46,112 per 10 gram, extending their 0.8% gain of the previous session.

Prior to Tuesday's gain, gold prices had fallen over three consecutive sessions. Silver futures on MCX today rose 0.23% to ₹43,063 per kg.

Concerns about second wave of coronavirus infections, weaker economic data and persisting US-China tensions have dampened risk sentiment.

While countries across the globe continued with efforts to ease virus related restrictions, new coronavirus outbreaks in China and South Korea have revived concerns of a second wave of infections, boosting the safe-haven appeal of gold.

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Recovered: 0
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Deaths: 237 619
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