Gold prices on Multi Commodity Exchange of India (MCX) opened sharply lower on Thursday, after the US Federal Reserve policy announcement. Silver prices also declined more than a percent.
MCX gold rate opened lower at ₹1,19,125 per 10 grams as against its previous close of ₹1,20,666. MCX silver price opened lower at ₹1,45,498 per kg as compared to its previous close of ₹1,46,081 level.