Gold Price Today: Yellow metal edges higher as economic fears return, focus on US data

Gold prices rose on Thursday due to a weaker dollar and investor caution ahead of US economic data to assess the health of the economy. June gold futures were trading at Rs 60,201 per 10 gm on MCX, up by Rs 308 or 0.51%. The May Silver futures were trading at Rs 75,671 per kg, up by Rs 686 or 0.91%. Meanwhile, Comex gold futures rose by $14.4 per troy ounce or 0.72% to $2,010.4, while silver futures increased by $0.289 or 1.16% per troy ounce to $25.165.