Commodity Superfast: Gold, Silver Prices Fall Sharply Today; Gold Drops Rs 700; Silver Tumbles Rs 1,400

Gold futures on the Multicommodity Exchange (MCX) fell over Rs 700 to Rs 51,200 per ten grams today. Whereas, MCX Silver futures fell over Rs 1,400 to Rs 59,400 per kilogram. In the International market, Gold fell below $ 1,690 per ounce and silver fell below $ 19.80 per ounce.