Gold prices in India rose more than 1 percent on January 4 tracking a positive trend in international spot prices, which hit an eight-week high as global COVID-19 cases spiked and countries pushed for more lockdowns despite vaccine rollouts.
On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 1.05 percent at Rs 50,771 per 10 gram at 0920 hours. March silver was trading 2.2 percent higher at Rs 69650 a kilogram.
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