Gold prices on Friday fell 250 rupees per 10 gram at Multi Commodity Exchange for April contracts. Gold futures were trading around 46,585 rupees per ten gram. Silver futures also declined 585 rupees to trade at around 66,920 rupees per kilogram for May contracts.
 
In global markets, gold was trading at 1,744 dollars and 40 cents per ounce at the New York Mercantile Exchange while silver was trading at 25 dollars and 20 cents per ounce, when reports last came in.