New Delhi, Feb. 6 -- Extending the downside trend for the second straight session on Friday, the COMEX gold, silver rates today witnessed a technical breakdown within a few minutes of the Opening Bell. The COMEX gold rate today broke below the crucial $4,750/oz support and made an intraday low of $4,671.74 per ounce. Likewise, the COMEX silver rate today broke below the crucial support placed at $70/oz and hit an intraday low of $63.900/oz within a few minutes of the Opening Bell.

On MCX, the gold futures contract for the April 2026 expiry finished at Rs.1,52,260 per 10 gm on Thursday, around Rs.28,500 below its record high of Rs.1,80,779 per 10 gm. However, the MCX gold price in India finished marginally higher on Thursday. Similarly, t...