The spot price of Silver has cracked nearly 2 per cent, while the Gold spot rate is marginally in red.
The MCX Silver Dec future is now quoted at Rs 38,171.
The MCX Silver December may extend losses as the key momentum oscillators are in favour of the bears. On the downside precious white metal may seek support around Rs 38,112.
The MCX Gold October future has so far touched a low of Rs 26,952.
The MCX Gold October futures need to trade and sustain above Rs 26,976-odd level to gain momentum in the coming session. A break and close below Rs 26,976-odd level may trigger a fresh sell-off for the bullion yellow metal.
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MCX Gold drops 0.5%