Gold and silver prices, after experiencing a slight increase on Wednesday, yet again dipped marginally on Thursday. The major reason for the gold price drop is said to be the strengthening of the US dollar. 

As reported by news agency IANS, MCX gold April futures dipped 0.24 per cent to Rs 1,58,400 per 10 grams on an intraday basis. Meanwhile, MCX silver March futures declined 0.72 per cent to Rs 2,61,124 per kg.