Gold prices in India edged higher after a two-day fall. On MCX, June gold futures rose 0.31% to ₹45,856 per 10 gram, tracking an overnight gain in global markets.
Gold prices had hit a record high of ₹47,327 per 10 gram in India the previous week, before seeing an about ₹1,600 per 10 gram fall in previous two sessions.
Silver futures on MCX also edged 0.2% higher to ₹42,823 per 10 gram. In global markets, gold prices slipped today amid a firm dollar but losses were capped by a weak equities market.
Spot gold eased 0.2% to $1,689.45 per ounce. A plunge in US oil prices into negative territory increased gold's safe-haven appeal..