Gold metal trades lower by 0.18 percent at Rs 50,408 per 10 gram

Gold metal trades lower by 0.18 percent at Rs 50,408 per 10 gram

India Gold December Futures trade flat on November 11 after rallying more than 1 percent in the previous trading session. 

On the Multi-Commodity Exchange (MCX), December gold contracts were trading lower by 0.18 percent at Rs 50,408 per 10 gram at 0920 hours. December silver futures were trading 0.34 percent lower at Rs 62,832 per kg.

Gold and silver prices rebounded on Tuesday after Monday's heavy sell-off due to COVID-19 vaccine news. Gold and silver settled on a positive note in the international markets on Tuesday.