The Indian Gold and Silver are now quoted at Rs 26,870 and Rs 38,430, respectively.
The MCX August Gold futures trade at Rs 27,165 per 10 grams.
So far, the precious metals have touched a high at Rs 26,970 and Rs 38,664, respectively.
On the higher side, Rs 27,300 per 10 grams will act as the resistance zone and prices only managed to move to Rs 27,195 per 10 grams.
The precious metal so far has dropped over 0.5 percent from days high on the MCX counter.
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