Gold price today fall for second time in 3 days, down ₹9,500 from record highs
Gold rate today continues to be pressurized by a stronger US dollar
Gold rates in India fell for the second time in three days as a stronger dollar put pressure on global prices. On MCX, gold futures fell 0.13% to ₹46,845 per 10 gram while silver was off 0.06% to ₹61,040 per kg. In global markets, gold prices edged lower as investors were cautious ahead of a US payrolls data due tomorrow. Spot gold fell 0.2% to $1,758.93 per ounce. The dollar held firm close to one-year high as investors amid inflation concerns and expectations that the Fed would have to act sooner to normalise policy.
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