2 min read.Updated: 14 Sep 2022, 06:17 PM ISTLivemint
Gold rates continue to be under pressure today after stronger-than-anticipated US inflation numbers
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Gold prices today slipped after a sharp selloff in the previous session. On MCX, gold futures were down 0.1% to ₹50,087 per 10 gram while silver fell 0.2% to ₹56719 per kg. Gold and silver prices fell sharply on Tuesday on the back of a strong US inflation data that also sent the dollar index and bond yields higher. In global markets, gold was flat today and traded near $1,704.03 per ounce.
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