Gold and silver prices opened lower after a two-day rally on the Multi Commodity Exchange on Friday as investors awaited the closely watched U.S. payrolls report for signals on the Federal Reserve’s next interest rate move.
In the domestic market, MCX silver futures for September 2026 delivery were down Rs 1,500 to Rs 2,40,858 per kg. Gold futures for October 2026 delivery declined by Rs 2,100 to Rs 1,55,010 per 10 grams. Gold and silver extended gains for two straight sessions before Friday’s decline.