Gold prices today rise slightly after big fall over last 2 days, silver gains

Gold prices edged higher in Indian markets today after a big fall over the previous two sessions. On MCX, gold futures rose 0.2% to ₹47,947 per 10 gram after slumping ₹1,800 in previous two sessions as the government cut import duty on the precious metal. Silver prices on MCX attempted to rebound, rising 1.5% or ₹1000 per kg to ₹68,577 per kg. In the previous session, silver had slumped 8% or ₹6000 amid sharp volatility in global rates.
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