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Weaker dollar, rising covid cases across the world and US-China tensions supported the safe-haven appeal of gold
Gold prices in India are up more than 40% so far this year
Gold and silver prices in India edged higher today after a sharp fall in the previous session. On MCX, October gold futures were up 0.46% to ₹55,040 per 10 gram. Tracking gold, silver futures jumped 1.43% to ₹75,220 per kg. In the previous session, gold had slumped about ₹1,000 per 10 gram while silver nearly ₹1,600 per kg. Gold prices in India are up more than 40% so far this year.
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