Yellow metal edges lower for 4th day

Gold was trading lower in India on March 5, tracking a downtrend in international markets. On the Multi-Commodity Exchange (MCX), the April gold contracts were trading at Rs 44,291 per 10 grams, down Rs 250, or 0.56 percent, at 1005 hours. May silver futures fell 0.83 percent, or Rs 550, to Rs 65,371 per kg.

The rising US dollar on higher bond yields and increasing hope of US economic recovery weighed on sentiment in the bullion market. Gold slides for 4th day, slips to Rs 44,843/10 gm on firm dollar; silver crashes by Rs 1,793 a kg

International spot gold and silver prices extended losses on March 5 morning in Asian trade as the 10-year benchmark and the dollar continued to remain firm.