Gold futures down 0.3% to 28,271; silver falls 0.6% - The New Indian Express

Gold futures down 0.3% to 28,271; silver falls 0.6%

Published: 31st December 2013 11:18 AM

Last Updated: 31st December 2013 11:18 AM

Precious metals fell in early trade on Tuesday. February 2014 gold futures at the MCX went down 0.31% at Rs 28,271 per 10 grams at 10.01 am after hitting high of Rs 28,326. It opened at Rs 28,326.

Meanwhile, March 2014 silver futures at the MCX down 0.62% at Rs 43,931 per 1 kg after hitting high of Rs 44,112. It opened at Rs 44,112.

Commenting on gold outlook, Emkay Commodity Research said, ''Gold prices are expected to move further down as strong US growth prospects and gains in equity markets are likely to hurt gold prices.''

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