New Delhi, Nov 4: Gold and silver prices fell on Tuesday in domestic futures trade as a stronger dollar and easing trade tensions between the US and China reduced the precious metals’ safe-haven demand.

On the Multi Commodity Exchange (MCX), gold futures for December delivery declined by ₹836, or 0.69%, to ₹1,20,573 per 10 grams in 13,332 lots. Silver futures for December delivery also fell sharply by ₹1,558, or 1.05%, to ₹1,46,200 per kilogram in 20,939 lots.

Globally, Comex gold traded lower amid a firm dollar and fading prospects of another US Federal Reserve rate cut next month. The yellow metal for December delivery slipped $19.19, or 0.48%, to $3,994.81 per ounce, while Comex silver dropped 0.62% to $47.75 an ounce, extending losses for a third consecutive day.

Analysts attributed

See Full Page