New Delhi: Gold prices fell by Rs 218 to Rs 1,21,290 per 10 grams on Friday in a volatile movement in futures trade, as investors assessed the impact of the Federal Reserve's cautious stance on rate cuts and a temporary truce in US-China trade tensions.

On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery declined by Rs 218, or 0.18 per cent, to Rs 1,21,290 per 10 grams in a business turnover of 13,223 lots.

Similarly, silver futures for December delivery decreased by Rs 410, or 0.28 per cent to Rs 1,48,430 per kilogram in 20,217 lots on the MCX.

In the international market, Comex gold futures for December delivery were trading marginally higher at USD 4,020.67 per ounce, while silver slipped 0.37 per cent to USD 48.43 an ounce.

"Gold prices were tradin

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