New Delhi: The futures price of gold and silver also fell in the domestic market today, with the fall in the global markets. Earlier, the price of gold had been increasing for the last three days. On MCX, December's gold futures fell 0.45% to Rs 51,100 per 10 grams, while silver futures slipped 1.2% to Rs 62,847 per kg.

Gold had grown by 0.7% in the last session. Yesterday, the silver rate on the MCX rose by 0.7%. Gold fell 0.2% to $1,920.86 an ounce today after reaching a one-week high of $1,931.01 in the previous session. The stable dollar also increased the pressure on gold. The dollar index jumped 0.21% compared to other currency holders.

Silver fell 0.4% to $24.96 an ounce, while platinum gained 0.2% to $887.74. Reports say that House Speaker Nancy Pelosi is continuing talks with White House representatives over the stimulus package. Gold is seen as a defence against inflation and currency decline.

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