New Delhi, Aug. 11 -- Gold and silver prices in your city on August 11: Gold rates fell significantly by 764 percentage points or 0.75% in the domestic futures market on Monday, August 11, due to profit booking at higher levels amid signs of easing geopolitical tensions.

On Monday, August 11, MCX Gold October 3 contracts were priced at Rs.1,01,034 per 10 grams, while MCX Silver September 5 contracts were down by 877 percentage points or 0.76% at Rs.1,14,004 per kg at around 9:27 am today.

In terms of returns, gold prices have surged by as much as 1,200%, rising from Rs.7,638 in 2005 to over Rs.1,00,000 in 2025 (up to June). Over the past 20 years, they have provided positive returns in 16 years.

Further, silver has demonstrated resilie...