Gold prices in India experienced a decline, as reported by India’s Multi Commodity Exchange (MCX) on Friday. The per 10 grams gold price dropped to INR 62,395, marking a decrease of INR 171 from the previous day’s INR 62,566.
In futures contracts, gold prices also witnessed a fall to INR 62,611 per 10 grams, down from INR 62,768 per 10 grams.
Additionally, the silver futures contract prices showed a decrease, dropping to Rs 72,389 per kg from the previous Rs 72,430 per kg.
The fluctuations in precious metal prices are subject to various factors, including global market trends, economic indicators, and geopolitical events. Investors and traders closely monitor these changes to make informed decisions in the commodities market.