At the Multi Commodity Exchange, gold for delivery in June fell by Rs 73, or 0.25 percent, to Rs 29,468 per ten gram in business turnover of 81 lots.
Similarly, the yellow metal for delivery in April contract traded lower by Rs 30, or 0.10 percent, to Rs 30,090 per ten gram in 2,650 lots.

Amid weak global trend, silver prices dropped by 0.83 percent to Rs 48,521 per kg in futures trade.
At the Multi Commodity Exchange, silver for delivery in May dropped by Rs 405, or 0.83 percent, to Rs 48,521 per kg in business turnover of 1,141 lots.
In a similar fashion, the white metal for delivery in March fell by Rs 382, or 0.80 percent, to Rs 47,603 per kg in 7,183 lots.
Market analysts said a weak global trend mainly kept pressure on silver prices in futures trade. Moreover, the fall in gold prices was mostly in line with a weakening trend overseas where the precious metal slipped from 16-week high.
Meanwhile, silver retreated 0.5 percent to USD 21.86 an ounce and gold fell 0.3 percent to USD 1,332.48 an ounce in Singapore.


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