Gold prices fall for 4th straight session, MCX rate down Rs 5,318 in four days

Mumbai, Aug 28 (IANS) Gold prices in India continued their downward trend on Friday, extending losses for the fourth consecutive trading session amid sustained selling pressure in the precious metal.

On the Multi Commodity Exchange (MCX), gold futures for October delivery declined by Rs 896, or 0.56 per cent, to trade at Rs 1,58,100 per 10 grams.