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Silver down by Rs 4,741 on MCX, gold falls by Rs 1,056 amid profit booking

By FnF Correspondent | PUBLISHED: 07, Jan 2026, 11:29 am IST | UPDATED: 07, Jan 2026, 11:29 am IST

Silver down by Rs 4,741 on MCX, gold falls by Rs 1,056 amid profit booking

Gold Price Today, Gold MCX Rate: Rates of precious metals in futures trade dipped on Wednesday, January 7, 2026, amid profit booking and the dollar's rise. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 57 at Rs 1,39,140 per 10 grams against the previous close of Rs 1,39,083. However, it dipped amid profit booking and hit a low of Rs 1,38,027, a fall of Rs 1,056. Last seen, the precious metal futures were trading at Rs 1,38,488 with a fall of Rs 595 or 0.43 per cent. 

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