1 min read.Updated: 04 Jan 2022, 12:03 PM ISTLivemint
Rising yields, a firmer dollar and improved risk sentiment are hurting gold, despite concerns over Omicron
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Gold prices in India struggled today after a sharp fall in previous session. On MCX, gold futures were up 0.15% to ₹47,800 per 10 gram while silver rates were below ₹61,700 per kg. In the previous session, gold had dropped ₹400 per 10 gram. In global markets, gold inched up today after suffering its biggest fall in six week in the previous session. Spot gold was up 0.2% at $1,804.46 per ounce after finishing 1.5% lower in the previous session.