Gold and Silver closed lower in futures market on Thursday. Gold futures lost 2.90 dollars or 0.24 percent to close at USD 1,190.70 per troy ounce at the COMEX division of the New York Mercantile Exchange.

Silver futures lost 0.157 dollar or 0.96 percent to close at USD 16.14 per troy ounce at the COMEX.

Gold and Silver are trading sharply lower in futures market on Thursday. Gold futures lost Rs 336 or 1.26 percent to trade at Rs 26,375 per 10 gram at the Multi-Commodity Exchange (MCX). Silver futures lost Rs 705 or 1.94 percent to trade at Rs 35,667 per kg at the MCX.