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Gold prices today remain weak for third day in a row

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Gold prices in India remained weak for third day in a row as the yellow metal saw some profit-taking at higher levels. On MCX, June gold futures were flat at ₹46,100 after seeing moderate declines in past two sessions.

Gold futures had fallen 0.25% in the previous session. Silver however saw some momentum with May futures on MCX rising 0.57% to ₹41,951 per kg.

In global markets, gold prices today remained flat to higher amid some weakness in the US. Spot gold rose 0.1% to $1,708.53 per ounce.

The US dollar slipped against key rivals after touching a two-week high in the previous session as many economies around the world moved to reopen their economies.

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