Gold prices today close to lowest in 11 months, down ₹12,000 from record highs

Gold prices in India edged higher today after a slump in the previous session. On MCX, gold futures were up 0.3% to ₹44,360 per 10 gram, after falling to ₹44,150 in the previous session. Silver futures rose 0.5% to ₹66,202 per 10 gram. Gold rates have fallen to near 11-month lows in India after being in a downtrend since hitting a record high of ₹56,200 in August.

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