New Delhi, June 19 -- Gold and silver prices in India opened sharply lower on the Multi Commodity Exchange (MCX) on Friday, following a weak trend in the global bullion prices, as expectations of higher interest rates and strong dollar weighed on the precious metal prices.

In the international market, gold prices fell and were on track for a third consecutive weekly decline, weighed down by a stronger dollar and hawkish signals from the US Federal Reserve.

Spot gold price fell 0.6% to $4,184.33 per ounce. The contract was down 0.9% so far this week. US gold futures for August delivery fell 1% to $4,202.10. Spot silver fell 1.5% to $64.83 per ounce

The dollar hovered around a one-year high, making greenback-priced bullion more expensive...