Gold prices in India continued to remain volatile, with rates edging lower for the third day in a row. On MCX, April gold futures were down 0.1% to ₹43,314 per 10 gram. Silver however saw a bigger decline, sliding 1.3% to ₹45,225 per kg. Gold rates have been volatile in India since hitting a record high of about ₹45,000 per 10 gram on profit-taking at higher levels.
In overseas markets, gold prices moved higher today as coronavirus fears were again on the forefront after World Health Organization or WHO declared it a pandemic. Spot gold rose 0.6% to $1,645.00 per ounce. Among other precious metals, silver gained 0.6% to $16.85 per ounce while platinum slipped 0.2% to $858.63.