Gold June futures contracts on Thursday fell Rs 352 or 0.05% to open at Rs 70,700, while Silver May contracts opened at Rs 80,046, 0.56% or Rs 451 lower.
Gold prices remained stable after a recent decline, with the focus now on upcoming U.S. inflation data which is expected to influence future monetary policy decisions and the value of the dollar. This steadiness follows a 3% drop earlier in the week due to decreased geopolitical tensions reducing demand for gold as a safe asset.
