₹47,930 per 10 gram. In the previous session, gold had dipped 0.3%. Silver rates also declined marginally today with futures on MCX down 0.1% to ₹48,075 per kg.
Gold prices in India had hit a record high of ₹48,589 per 10 gram earlier this week.In global markets, gold rates edge higher today as a spike in coronavirus cases across the world in recent days has dented hopes of a quick economic recovery.
This has promoted investors to opt for safe-haven assets like bonds and gold. Spot gold was up 0.1% at $1,763.48 per ounce.