The MCX Gold Aug future has now declined by Rs 166.
The MCX Silver Sept futures have recovered nearly Rs 200 from the days low.
MCX Gold futures are trading at Rs 2,7932 per 10 grams, down Rs 155 per 10 grams or 0.6 per cent on the day.
The MCX Silver September futures have slipped more than Rs 300 from its previous close.
The MCX Gold August futures have currently shed over 0.5 per cent, and has seen trades of around 1,766 lots so far.
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COMEX Gold drifts towards $ 1,300