New Delhi, Oct. 30 -- The yellow metal's price in India dropped by nearly 0.39% in the domestic futures market during early trading hours on Friday, October 30.

MCX Gold 4 December futures stood at Rs.142,351 per 10 grams, while MCX Silver 4 December contracts were down by 0.27% at Rs.1,88,943 per kg at around 12 noon.

In the retail market, gold is sold in 24-karat and 22-karat purity. While 24-karat gold is considered the purest form, 22-karat gold is more commonly used for making jewellery because it's more durable in nature.

On Friday, 24-carat gold was priced at Rs.142,210/10 grams, and 22-carat gold was priced at Rs.130,359/10 grams. Silver prices today are at Rs.187,530/kg (Silver 999 Fine), according to Indian Bullion Associatio...