Mumbai: Gold prices declined on Wednesday (November 11). The pound is still trading at an all-time high of Rs 56,200 on August 7, down Rs 5,800. At the Interbank Foreign Exchange Multi Commodity Exchange (MCX), 10 grams of December gold futures traded lower by Rs 103.00 (-0.20%) to Rs 50,398.00 at 4 pm. The pound, which started at Rs 50,444.00, touched a high of Rs 50,525.00 and a low of Rs 50,259.00. Psidi prices declined two sessions in three sessions.


December Gold futures fell over Rs 100, while February futures traded lower by 82.00 (-0.16%) to Rs 50,495.00. It started at Rs 50,530.00, touched a high of Rs 50,600.00 and a low of Rs 50,375.00. While,

On the domestic futures market Multi Commodity Exchange (MCX), pound sterling rose sharply yesterday (Tuesday, November 10). 10 gram December gold futures rose by Rs 701.00 (1.41%) to close at Rs 50,449. February futures rose by Rs 632 (1.27 per cent) to close at Rs 50,525.

December Silver futures rose by Rs 2,013.00 (3.31%) to Rs 62,867.00 per kg, while March futures rose by Rs 2,117.00 (3.38%) to close at Rs 64,720.00. Earlier in the day, gold had lost over Rs 2,500 and silver by over Rs 4,000 per kg. Prices that went up yesterday fell again today.