Gold and silver prices declined for a second consecutive session on Tuesday, as investors analysed mixed US economic data and waited for cues on the US Federal Reserve’s policy path. 

MCX gold April futures dipped 0.56 per cent to Rs 1,53,889 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures declined 1.18 per cent to Rs 2,37,064 per kg.