Gold, silver fall on MCX as US-China trade deal progress dampens safe haven appeal | Check city-wise rates

Futures prices for precious metals continued to slide on Monday, October 27, 2025, amid growing optimism over a potential US-China trade deal, which weighed on the safe-haven asset. The gold December 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 951 or 0.77 per cent at Rs 1,22,500 per 10 grams against the previous close of Rs 1,23,451. It dipped further to touch the low of Rs 1,21,822, a fall of Rs 1,629. Last seen, it was trading at Rs 1,22,675, down Rs 776 or 0.63 per cent. 

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