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Gold and silver prices fall for second day in a row On MCX, gold futures edged 0.06% lower to ₹50,050 per 10 gram. (REUTERS) Share Via Read Full Story Gold and silver prices edged lower in Indian markets today. On MCX, gold futures edged 0.06% lower to ₹50,050 per 10 gram. The yellow metal declined for the third time in the last four days. Silver fell 0.08% to ₹66,820 per kg. Though gold has recovered from lows of below ₹48,000, it remains significantly lower than the August highs of ₹56,200. Similarly, silver had also almost touched ₹80,000 per kg in the same month. On the contrary, gold prices jumped higher in international markets as grim US consumer and housing data bolstered hopes for further stimulus to support an economic recovery from the pandemic-induced slump. Spot gold rose 0.2% to $1,863.83 per ounce by 0027 GMT, while US gold futures fell 0.1% to $1,868.10.

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