On the Multi Commodity Exchange (MCX), the August gold were trading 0.15 per cent lower at rupees 47,564 for 10 grams.
While, September silver futures were trading 0.03 per cent higher at rupees 67,391 per kilogram.
In national capital the price gold is down at rupees 46,700 per 10 gram of 22-carat.In Chennai the gold price dropped to rupees 45,000 per 10 gram of 22-carat.
The gold rates in financial capital, Mumbai is rupees 46,900 per 10 gram of 22-carat. The gold rates in Kolkata is rupees 47,050 per 10 gram of 22-carat.
In the international market, gold prices stabilized on Friday after hitting a low for more than a week the previous session as a retreat in US weak economic data countered a stronger dollar.