Gold prices in Indian edged lower today, declining for the third day. But the losses have been moderate as concerns over rising coronavirus cases have supported global rates. On MCX, gold dipped 0.02% to ₹47,930 per 10 gram. In the previous session, gold had dipped 0.3%. Silver rates also declined marginally today today with futures on MCX down 0.1% to ₹48,075 per kg. Gold prices in India had hit a record high of ₹48,589 per 10 gram earlier this week.