Gold prices in India rose today, extending gains to the fourth day in a row. On MCX, June gold futures edged 0.12% higher to ₹46,582 per 10 gram after rising about ₹1,300 per 10 gram in previous three sessions.
Tracking gold, silver futures also rose today with May futures on MCX advancing 0.66% to ₹42,330 per kg. Gold had hit a record high of ₹47,327 per 10 gram earlier this month and since then the precious metal has remained volatile.
In global markets, gold prices edged lower amid firm equity markets. But expectations for more economic stimulus measures capped losses.
Spot gold eased 0.3% to $1,722.49 per ounce. Among other precious metals, platinum gained 0.8% to $766.04 and silver was flat at $15.24.