Gold prices on Thursday fell by Rs 28 to Rs 41,558 per 10 gram in futures trade as participants cut down their positions tracking weak trend overseas.
On the
Multi Commodity Exchange, gold prices for April delivery fell by Rs 28, or 0.07 per cent, to Rs 41,558 per 10 gram in a business turnover of 3,339 lots.
The yellow metal for June delivery declined by Rs 73, or 0.17 per cent, to Rs 41,705 per 10 gram in 144 lots.
Analysts said subdued overseas cues influenced sentiments here.
Globally, gold was trading 0.12 per cent lower at $1,609.80 per ounce in New York.
Silver
Silver futures on Thursday fell by Rs 33 to Rs 47,537 per kg as participants cut down their bets taking weak cues from overseas markets.
On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 33, or 0.07 per cent, to Rs 47,537 per kg in a business turnover of 5,300 lots.
Besides, the white metal to be delivered in May fell by Rs 13, 0.03 per cent, to Rs 48,085 per kg in 224 lots.
In the international market, silver prices traded 0.06 per cent lower at $18.30 an ounce in New York.