Overview

• Spot gold slipped about 0.1% to roughly $3,335 per ounce early Friday, with US futures also fractionally lower.
• On MCX, gold futures were down 0.15% at ₹99,285 per 10 grams, while silver futures eased 0.11% to ₹1,13,580 per kg in morning trade.
• Mumbai’s 24-carat price stood near ₹1,00,760 per 10 grams, with Delhi quoted around ₹1,00,910 and several other metros near ₹1,00,810–₹1,00,910.
• Indian bullion desks cited easing geopolitical tensions for the latest softness, with the India Bullion Association pegging Thursday’s average near ₹99,510 after early‑August highs around ₹1,02,090.
• Brokerage Ventura projected Comex gold could test $3,600 by year‑end after an August 7 record near $3,534, as silver also cooled with recent weekly spot near $37.98.