Gold price falls Rs 70, to trade at Rs 58,630/10 grams

Gold was trading 70 rupees down yesterday at Multi Commodity Exchange for October contracts. The precious metal was trading at 58,630 rupees per 10 grams. Silver was also down by 90 rupees to trade at 72,060 rupees per kilogram for December Contracts when reports last came



in.

In the global markets, gold was trading down at 1,930 dollars and 40 cents per ounce at the New York Mercantile Exchange. Silver was also down at 23 dollars and 25 cents per ounce in the intra-day session.