Gold, Silver Edge Lower on MCX as Investors Book Profits

New Delhi, Apr 10 (BNP): Gold and silver prices edged lower on Friday in the domestic futures market, as investors booked profits and demand for safe-haven assets eased.

On the Multi Commodity Exchange (MCX), gold futures fell by around 0.5–1%, touching an intraday low of ₹1,52,561 per 10 grams. The yellow metal later recovered slightly but continued to trade weaker during the session.

Gold, Silver Edge Lower on MCX as Investors Book Profits

Silver futures also came under pressure, declining about 0.7% to an intraday low of ₹2,42,067 per kilogram, compared to the previous close.

During the trading session, gold hit a high of ₹1,52,990 per 10 grams before slipping again, while silver also saw intraday volatility.

Market analysts said the decline was mainly driven by profit-taking at higher levels, along with a temporary reduction in safe-haven buying interest.

Despite the dip, traders continue to watch global cues and currency movements closely, which are likely to influence precious metal prices in the coming sessions.

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