Gold futures recovered partially on Friday from their lowest level in a month as physical traders hunted for bargains to meet wedding season demand, dealers said.
* The most-active gold for April delivery on the Multi Commodity Exchange (MCX) was 0.23% higher at Rs 27,988 per 10 grams, after hitting a low of Rs 27,730 on Thursday, a level last seen on January 25.
* India, world's biggest buyer of bullion, consumes about 900 tonne of the yellow metal annually.
* The contract had shed 3% on Wednesday, when investors exited bullion on speculation that central banks might be done with easy monetary policies.
* "There is buying after two days of fall in prices, people who were on the sidelines are buying now," said Harshad Ajmera, proprietor of JJ Gold House in Kolkata.
* Silver prices edged higher following the yellow metal.
* Silver for April delivery on the MCX was 0.31% higher at Rs 58,511 per kg.
