Gold and silver prices fell today, tracking muted global cues and a mildly higher rupee. On MCX, April gold futures fell 0.13% to ₹40,572 per 10 gram, their first decline in three days. Silver also weakened 0.19% to ₹46,130 per kg. Gold prices in India had posted a gain of ₹500 last week, tracking higher global rates. The rupee today rose moderately to 71.37 against the US dollar. In India, gold prices include 12.5% import duty and 3% GST.
“Gold can see some profit booking at higher levels. Gold (April futu