Silver and gold prices fell sharply in Indian markets, amid a slump in global rates as higher US bond yields and a rebound in US dollar weighed on the precious metal. On MCX, February gold futures slumped ₹2050 to ₹48,818 per 10 gram on Friday while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg.
MCX Gold Futures price
MCX Gold Futures Up ₹200 to ₹40,530
MCX Gold Futures prices on January 27 rose by Rs 220 to Rs 40,530 per 10 gram in futures trade as speculators widened their bets in line with positive overseas trend.