Gold and silver prices continue their downward trajectory on Wednesday. The prices of yellow metal on Wednesday fell significantly by Rs 1,997. The significant decline in price comes amid the peace talks between the US and Israel after the prices of the yellow metal have been increasing over the last few days.

On the Multi Commodity Exchange (MCX), gold futures declined by 1.23 per cent to Rs 1,44,752 per 10 grams at 11:10 pm on an intraday basis.