Gold December futures contracts opened higher on Wednesday at Rs 75,209 per 10 gram, which was up by 0.41% or Rs 308 while silver December futures contracts were trading at Rs 90,195/kg, up by nearly 1% or Rs 868.

After a rise of Rs 2,000 per tola on Friday, gold prices in the domestic market fell by Rs 500 per tola on Sunday.

Domestic prices of gold slipped to Rs 77,000 per 10 grams on Monday due to poor demand after the festive season ended. According to the Indian Bullion Jewelers Association (IBJA), the prices of 24-carat gold have slipped to Rs 77,