Gold, silver prices fall on MCX: What’s driving the correction - CNBC TV18

AI desk brief

Gold and silver softened on MCX on Friday as traders trimmed risk ahead of the US nonfarm payrolls report, with local prices also pressured by a stronger rupee. MCX October gold fell ₹431, or 0.28%, to ₹1.55 lakh per 10 grams, while December silver dropped ₹749, or 0.31%, to ₹2.41 lakh per kg. Despite the domestic pullback, global bullion remains firm: COMEX gold was quoted around $4,528.54/oz and silver around $67.63/oz.