Gold prices in India eased today after a three-day rally, tracking a decline in global rates. On MCX, June gold prices were down 0.6% to ₹44,800 per 10 gram.
Silver futures declined 1.6% to 42,789 per kg. Gold futures on MCX had hit a record high of ₹45,724 per 10 gram in the previous session.
In India, spot gold markets remained shut amid countrywide lockdown to prevent spreading of coronavirus. In global markets, gold prices eased today after hitting a new one-month high in the previous session.
A stronger dollar and signs of a slowdown in the new coronavirus cases in major hot spots hurt the metal's safe-haven appeal though global equities were under pressure again.