Today’s MCX Gold price is 27329.25 and Silver price is 51029.38.

Gold and silver fell as investors constant to liquidate assets. Both precious metals had exhibited technical weakness. As such, increased technical selling may also have been a factor. Basically, PM's remain bullish since the Euro crisis and US slowdown is not expected to be over with any time soon. As such, most investors see the current decline as a sharp correction and expect to buy in when time favors.

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