Gold, silver prices ease amid profit booking at record levels
Gold and silver prices eased on Tuesday amid profit booking, after they surged to record high levels over worries of the US Justice Department's action against the Federal Reserve Chair.
MCX gold February futures eased 0.44 per cent to Rs 1,41,400 per 10 grams around 1.15 pm, while MCX silver March futures traded flat with a negative bias down 0.01 per cent at Rs 2,68,926 per kg.
The price of 10 grams of 24-carat gold was at Rs 1,40,482 down from Rs 1,40,499 of previous day's close, according to data published by the India Bullion and Jewellers Association (IBJA).