Gold August future contracts on MCX fell for the third consecutive session on Monday, slipping by nearly Rs 2,900/10 grams amid strong profit booking, APA reports citing Economic Times.
The yellow metal hit a multi-month high last week. The same opened lower by Rs 703 or 0.72% at Rs 96,333/10 grams.
Meanwhile, silver July futures contracts stood firm near their higher levels. The white metal hit yet another lifetime high of Rs 1,05,460/kg in early trade, however, slipped from that level to trade slightly lower at Rs 1,05,183/kg.