SRINAGAR : Gold and silver prices declined in domestic futures trade on Tuesday as a stronger dollar and easing trade tensions between the United States and China reduced the appeal of safe-haven assets. Follow Us On G -N e w s | Whatsapp

On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 836, or 0.69 per cent, to Rs 1,20,573 per 10 grams in a business turnover of 13,332 lots. Silver futures for December delivery also dropped by Rs 1,558, or 1.05 per cent, to Rs 1,46,200 per kilogram in 20,939 lots.

The dollar index, which measures the greenback’s strength against six major currencies, rose 0.08 per cent to 99.95, exerting pressure on bullion prices.

Globally, Comex gold futures for December delivery traded lower at USD 3,994.81

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