Gold and Silver settled lower in futures market on Friday. Gold futures lost 2.20 dollars or 0.18 percent to close at USD 1,238.30 per troy ounce at the COMEX division of the New York Mercantile Exchange.

Silver futures fell 0.106 dollar or 0.61 percent to close at USD 17.31 per troy ounce at the COMEX.

Gold and Silver are trading lower in futures market on Friday. Gold futures declined Rs 33.00 or 0.12 percent to trade at Rs 27,416.00 per 10 gram at the Multi-Commodity Exchange (MCX). Silver futures fell Rs 97.00 or 0.25 percent to trade at Rs 38,775.00 per KG at the MCX.