Gold and silver prices fall on MCX

Gold and silver prices in India declined on Thursday. On the Multi Commodity Exchange (MCX), December gold futures were trading at ₹1.38 lakh per 10 grams, down 0.93%. December silver futures declined 1.32% to ₹1.82 lakh per kg. The decline comes amid concerns that stronger-than-expected US inflation could keep interest rates higher for longer.