Today, gold was trading down at the Multi Commodity Exchange for February contracts. The precious metal was down marginally to trade at 62,412 rupees per ten gram. Silver futures for March contracts were down 202 rupees to trade at 75,284 rupees per kilogram when reports last came in.
 
In the global markets, gold was trading at a loss. The precious metal was trading at 2,045 dollars and 60 cents per ounce at COMEX. Silver was trading down at 24 dollars and 60 cents per ounce in the intra-day trade when reports last came in.