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Gold prices today hit record high for second day, silver surges

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Gold prices in India touched new highs today, crossing the ₹46,600 level per 10 gram in futures market. On MCX, June gold futures rose as much as 0.75% to a new high of ₹46,640 per 10 gram.

In the previous session, gold prices in India has surged over 2% to ₹46,255 per 10 gram, hitting a new high of ₹46,385 during the session.

Indian commodity derivative markets were closed on Tuesday for a holiday. May silver futures on MCX rose over 1.3% to ₹44,350 per kg.

In global markets, gold prices held on near seven-year highs hit in the previous session. Spot gold was trading at $1,727.59 per ounce, after coming closer to $1,750 in the previous session.

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