August 2013 gold futures at the MCX were trading lower 0.98% at Rs 25,126 per 10 grams at 10.03 am after hitting high of Rs 25,247. It opened at Rs 25,247.
Meanwhile, July 2013 silver futures at the MCX were trading up 0.14% at Rs 38,849 per 1 kg after hitting high of Rs 39,123. It opened at Rs 38,792.
Commenting on the gold outlook, Emkay Commodity Research said, ''Gold prices are expected to go down today as weak investment demand can continue to put pressure on prices. Gold in India is expected to go down and a stronger rupee can push prices further down.''