Gold, silver drop on MCX amid Fed rate cut, US-China trade talks | Check city-wise rates

Rates of precious metals in futures trade declined on Thursday, October 30, 2025, following the Federal Reserve's cautious stance on further rate cuts and positive signs of US-China trade talks. The gold December 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,541 at Rs 1,19,125 per 10 grams against the previous close of Rs 1,20,666. It dipped further to touch the low of Rs 1,18,665, a fall of Rs 2,001. Last seen, it was trading at Rs 1,20,169 with a fall of Rs 497 or 0.43per cent. 

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