Gold Prices Decline in MCX and Global Markets

Yesterday, gold was trading lower at the Multi Commodity Exchange for February contracts. The precious metal was down 573 rupees to trade at 61,984 rupees per ten gram. Silver futures for March contracts was also down 673 rupees to trade at 71,914 rupees per kilogram when reports last came



in.

 

In the global markets, gold was trading with loss. The precious metal was trading down at 2,025 dollars and 90 cents per ounce at COMEX. Silver was trading lower at 23 dollars and 05 cents per ounce in the intra-day trade when reports last came in