₹47,316 per 10 gram, following a ₹250 decline in the previous session. Tracking gold, silver also edged lower, with futures on MCX falling 0.5% to ₹48,194 per kg.
In the precious session, silver futures on MCX had ended moderately higher.In global markets, gold remained flat amid concerns over the impact of rising coronavirus cases on global economy.
Spot gold was flat at $1,726.69 per ounce. Among other precious metals, silver dropped 0.8% to $17.45, and platinum lost 0.7% to $813.26.
Spiking coronavirus cases has dented investors sentiment towards riskier assets, say analysts. "Caution prevails amid growing worries over resurgence of second wave of infections along with rise in geopolitical tensions.