Current Gold Rates: Gold Price Comes Down Marginally Today, Silver Price Falls
Gold prices in Delhi declined marginally on Thursday. With that, gold prices in Delhi declined back to Rs. 32,400 levels. Domestic gold prices came down amid lackluster demand from jewellers and weakness in international gold market battered by rising dollar. Gold is often preferred for safety in times of elevated geopolitical risks. Strength in the dollar kept global gold prices in a narrow range on Thursday, near five-week lows hit in the previous session. A stronger dollar makes bullion more expensive for holders of other currencies, while higher bond yields dampen demand for non-interest yielding bullion.
(Also read:Â Why Gold Prices Fluctuate - 7 Key Factors To Watch)
Here are five things to know about gold prices today:
Rs 225 per 10 gramsspot gold rose 0.1 per cent to $1,324.61 per ouncearound $1,350 per ounce$1,334 an ounce(With agency inputs)
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