Gold and silver futures open flat at MCX, following recent price drops. Analysts suggest buying on dips amid volatility due to global market factors, with support and resistance levels outlined.

The price of gold fell further by Rs 2,400 per tola on Tuesday, continuing the recent decline in the precious metal in the domestic market. v

Gold prices witnessed a 1.46 percent decrease, with the yellow metal closing the trading session at Rs 78,026 on November 6, 2024 according to MCX data. Prices were also higher percent up in gold’s spot market value from the start of the year. Year-over-year, gold prices have soared 29.61 percent, as analysed by Moneycontrol.