Gold and silver prices dropped in early trading due to a stronger Dollar Index. Gold futures on the MCX have declined by 3.73% in June, while silver futures have declined by 3.53% in value terms. Intraday trading strategy suggests selling MCX August Gold futures and buying MCX July Silver futures. The physical price of gold in India stood at Rs 59,500 per 10 grams and silver at Rs 71,000 per kg.
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