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Gold prices today fall for the third time in 4 days
Gold prices in India edged lower today, bucking a rise in global rates. On MCX, June gold futures fell 0.25% to ₹46,416 per 10 gram, their third fall in four days. In the previous session, gold had risen 0.27%. Silver rates also edged lower, with July futures on MCX declining 0.2% to ₹48,310 per kg, following a 1.2% surge in the previous session. Gold prices in India include 12.5% import duty and 3% GST. Earlier this month, gold rates in India had hit a record high of ₹47,980 per 10 gram and since then have remained volatile.