1 min read.Updated: 25 May 2022, 12:55 PM ISTLivemint
Gold rates today were subdued amid a stronger US dollar
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Gold prices in India edged lower today tracking weak global cues. On MCX, gold futures were down 0.3% to ₹50,995 per 10 gram while silver dropped 0.27% to ₹61,811 per kg. Gold was in a rising streak over the past five session through it remained range-bound. In global markets, gold prices dropped the dollar firmed. Gold traders awaited minutes from the U.S. Federal Reserve's last policy meeting for cues on the central bank's upcoming interest rate hikes. Spot gold was down 0.5% at $1,857.39 per ounce.