Gold futures for December delivery fell by nearly Rs 150 to Rs 1,49,535 per 10 gram on October 13 on MCX, while silver fell by nearly Rs 500 to Rs 2,22,400 per kg. International gold rose 0.23% to $4,200.40 a troy ounce, while silver fell 0.22% to $60.380 an ounce.
Gold and silver prices fell in the domestic market at the beginning of trading on Tuesday, the second trading day of the week. On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by about Rs 150 to Rs 1,49,535 per 10 grams. Silver prices fell by about Rs 500 to around Rs 2,22,400 per kg.
In the international market, gold prices rose, while silver prices fell, reflecting differential price movements in the domestic and global markets.
On October 13, different trends were recorded in gold and silver in the global market. Gold rose about 0.23% to $4,200.40 a troy ounce on COMEX, according to available trading data. In contrast, international silver prices fell by about 0.22% to $60.380 an ounce.
A slight decline was recorded in gold prices in the domestic futures market. On MCX, gold futures for December delivery fell by nearly Rs 150 to Rs 1,49,535 per 10 grams.
Gold futures trading prices on MCX may differ from retail gold prices offered by jewelery shops.
Along with gold, the futures prices of silver also declined in the domestic market. On MCX, silver prices fell by around Rs 500 to around Rs 2,22,400 per kg.
Silver is used in jewelery as well as in industrial sectors including solar energy and electronics.