Gold rates today fall again, silver declines as price correction continues
Gold and silver prices edged lower today in Indian markets as a rally in risk assets took some shine off precious metals. On MCX, gold futures were down 0.3% to ₹44,731 per 10 gram while silver declined 0.5% to ₹67,177 per kg. In Thursday’s truncated session, gold prices edged 0.11% higher while silver advanced 0.2%. MCX was closed for the morning session on Thursday due to a public holiday.
MCX gold has support at ₹43,450 and resistance at ₹45,420, says domestic brokerage Geojit.