MCX gold-silver futures opened lower on profit booking and strong dollar. Traders opined that the financial uncertainty continues so investors are taking profit from higher levels.
MCX gold futures for April delivery traded down by Rs 79, to Rs 14,102 per 10gm with a volume of 2,690 lots. While, the March contract moved down by Rs. 73, to Rs 14,117 per 10 gm, with a recorded turnover of 4,030 lots.
Silver futures for March traded down by Rs 97, to Rs 20,410 per kg, clocking a turnover of 2,137 lots. While, the February contract fell by Rs 99, to Rs 20,403 per kg with a recorded volume of 3,726 lots.