Gold prices, Oct. 28 -- After India's Multi Commodity Exchange (MCX) website experienced a glitch on Tuesday, October 28, gold prices fell by over 2%. This decline followed losses in international bullion markets amid hopes of easing US-China trade tensions.

On Tuesday, October 28, MCX Gold December futures dropped 2.11% to Rs.1,18,410 per 10 grams at 1:55 pm, while MCX Silver December contracts fell 1.82% to Rs.1,40,758 per kg.

As per the Indian Bullion Association (IBA) data, the prices of 24-carat gold stood at Rs.1,18,430/10 gm at 2:30 pm on October 28, and 22-carat gold was priced at Rs.1,08,561/10 gms. Silver prices were at Rs.1.46,380/kg (Silver 999 Fine).

Even though gold has been on a losing streak since the last few days, the...