Gold prices were off near three-month lows & Silver down to Rs 25,445 per kg

Gold prices were off near three-month lows but remained pressured, hurt by a rising US dollar and waning investors' risk appetite.

Spot gold was down 0.4% to $1,080.60 per ounce, compared to New York’s notional close of $1,086.75. Spot gold hit a low of $1,073.75 on Thursday, the weakest since November 3.

US gold futures for April delivery was down 0.3% to $1,081.70 per ounce compared to $1,084.80 an ounce on the COMEX division of the NYMEX.

The world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings stood at 1,111.92 tonnes as of January 28, unchanged from the previous business day.


MCX Silver March settlement contract edged down to Rs 25,445 per kg, after having opened the session at Rs 25,550.