Analysts attributed the fall in precious metal prices to weak global cues and profit booking at higher level.
MCX Gold prices have declined Rs 100 to Rs 70,636 per 10 grams in futures trade as speculators reduced their positions. Similarly, MCX Silver prices fell Rs 113 to Rs 81,250 per kilogram as participants reduced their bets.
Analysts attributed the fall in precious metal prices to weak global cues and profit booking at higher level.
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Similarly, Spot gold is trading 0.05 per cent lower at $2,308.40 per ounce. Along similar lines, Silver is trading 0.15 per cent lower at USD 26.79 per ounce.
-With inputs from PTI
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First uploaded on: 03-05-2024 at 14:28 IST