Gold prices today fell 225 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 59,130 rupees per 10 grams. Silver also lost 350 rupees to trade at 72,340 rupees per kilogram for July Contracts when reports last came in.
In the global markets, Gold was trading down at 1,960 dollars and 80 cents per ounce at the New York Mercantile Exchange. Silver also declined to trade around 24 dollars and 22 cents per ounce in the intra-day session.