Gold prices in India recovered today after falling sharply over two days. On MCX, gold for delivery in August contracts rose 0.70% to ₹34,401, reversing a two-day fall. The October futures contracts also traded higher at ₹34,610. In global markets, gold prices also rebounded after dipping below $1,400 per ounce on Thursday. Spot gold traded at $1,420.35 per ounce, up 0.79%, buoyed by a weak dollar and uncertainty over global trade. Gold prices had hit a six-year high of $1,438 on Tuesday.