Today, gold was trading lower at the Multi Commodity Exchange for April contracts. The precious metal was down by 130 rupees to trade at 61,374 rupees per ten gram. While silver futures for March contracts were down 270 rupees to trade at 69,370 rupees per kilogram when reports last came in.

In the global markets, gold was trading down at 2,005 dollars and 90 cents per ounce at COMEX. Silver was trading down at 22 dollars and 10 cents per ounce in the intra-day trade when reports last came in.