Gold was trading down today at Multi Commodity Exchange for October contracts. The precious metal was trading down by 108 rupees at 58,485 rupees per 10 grams. Silver was also down by 789 rupees to trade at 70,630 rupees per kilogram for December Contracts when reports last came in.

In the global markets, gold was trading down at 1,928 dollars and 90 cents per ounce at the New York Mercantile Exchange. Silver was trading down at 22 dollars and 87 cents per ounce in the intra-day session.