Today, Gold was trading down at the Multi Commodity Exchange for December contracts. The precious metal was down 127 rupees to trade at 59,926 rupees per ten grams.
Silver futures for December contracts were also down 135 rupees to trade at 71,760 rupees per kilo when reports last came in.
In the global markets, gold was trading down at 1,962 dollars per ounce at the New York Mercantile Exchange. Silver was also down to trading at 23 dollars and four cents per ounce in the intra-day session.