Gold Rate Today, March 13 -- The yellow metal's price in India edged lower on Friday, 13 March, as the US dollar firmed and global bullion markets corrected after recent gains. Gold remained on track for a second weekly decline.

On Friday, 13 March, MCX Gold April futures slipped 0.24% at Rs.1,59,885 per 10 grams around 10:26 am, while MCX Silver May contracts were down by 0.16% at Rs.2,67,537 per kg at the same time.

According to India Bullions data, the prices of 24-carat gold were Rs.1,60,600/10 gm at 10:30 am on 13 March, and 22-carat gold at Rs.1,47,217/10 gms. Silver prices were at Rs.2,68,800/kg (Silver 999 Fine).

Gold recorded its best bull run since 1979 last year, surging more than 75%. Over the past 20 years, the price of th...