Gold prices fall Rs 130 to trade at Rs 59,775, Silver also drops to Rs 73,740/kg

Gold prices today fell 130 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at around 59,775 rupees per 10 grams. Silver also dropped 220 rupees to trade around 73,740 rupees per kilogram for May Contracts. In the global markets, gold was trading down at 1,992 dollars and 60 cents per ounce at the New York Mercantile Exchange. Silver also fell to 25 dollars five cents per ounce in intra-day trade.