IE:Gold futures drop 1.2% to Rs 30,580; sliver falls 0.8%
Precious metals declined in early trade on Thursday. December 2013 gold futures at the MCX went down 1.2% at Rs 30,580 per 10 grams at 10.05 am after hitting high of Rs 30,652. It opened at Rs 30,652.
Meanwhile, December 2013 silver futures at the MCX went down 0.83% at Rs 43,4681 per 1 kg after hitting high of Rs 43,468. It opened at Rs 43,415.
Emkay Commodity Research expects gold prices to remain in range ahead of key economic data from US and ECB & BOE policy meet.
