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On the first trading day of the week in the domestic futures market, gold and silver prices trended down on Monday. Gold prices of October futures fell by 0.14 per cent, or Rs 69, to trade at Rs 49,600 per 10 grams on the MCX exchange at around 10:20 am on Monday morning. Apart from this, the gold price of December futures was currently trading at Rs 49,585 per 10 grams on MCX, down 0.13 percent or Rs 65. The global futures price of gold also declined on Monday morning.
On the other hand, silver futures prices fell sharply on Monday morning. The silver prices of December futures were seen trending at Rs 58,583 per kg on MCX on Monday morning at 10.35 am, down 0.75 per cent or Rs 444. Apart from this, the global futures price of silver also fell on Monday morning.