New Delhi, June 26 -- Gold and silver prices remained higher for the second consecutive day, attempting to recover some of their recent losses, supported by a weaker US dollar. Comex gold gained $53 per troy ounce to an intraday high of $4,111, although it remains on track for a fourth straight weekly decline.

Silver futures advanced nearly $1 per ounce to $59.53 but are still down 11% for the week, putting the metal on track for its steepest weekly decline in three months.

Earlier this week, the yellow metal fell below the $4,000 mark for the first time since mid-November, touching $3,980. Although prices have recovered modestly, gold remains down 11% in June, putting it on track for its biggest monthly decline in more than a decade if...