Gold prices in India traded lower on the Multi Commodity Exchange (MCX) Thursday tracking a mixed trend in the international spot prices. At 10:15 am, gold futures for June delivery fell 0.30 percent to Rs 48,526 per 10 grams as against the previous close of Rs 48,674 and the opening price of Rs 48,598 on the MCX. Silver futures traded 0.34 percent lower at Rs 72,130 per kg. The prices opened at Rs 72,199 as compared to the previous close of Rs 72,374 per kg.

The Indian rupee opened on a flat note and inched higher by 3 paise to 73.15 against the US dollar in early trade on Thursday amid a muted trend in the domestic equities. At the interbank foreign exchange, the domestic unit opened at 73.16 against the dollar, then inched higher to 73.15, registering a gain of 3 paise over its previous close.

The share price of Indian Oil Corporation (IOC) rose over 2 percent to hit a fresh 52-week high of Rs 109.90 apiece in early trade on Thursday after the company reported its March quarter earnings, beating estimates on all fronts.

The Indian equity benchmark indices opened higher on Thursday led by gains in banking and auto stocks amid a mixed trend in global markets.