Gold prices slipped on Monday in global markets as well as risk aversion waned with the progress in US-China trade talks, while a firm dollar kept the bullion under pressure, Reuters reported.
A strong dollar means gold price will depreciate as the commodity becomes dearer in other currencies, causing a fall in its demand.
Silver price fell on reduced orders from industrial units and coin makers.
Around 11:10 am, MCX Gold was trading at Rs 33,406 per 10 gram, down 0.03 per cent. MCX Silver was 0.34 per cent down at Rs 40,575 per kilo at that time.