Gold rates today struggle to move higher, down ₹8,000 from record highs1 min read . Updated: 08 Dec 2021, 09:58 AM IST
- Gold rate per 10 gram: On a year-to-date basis, it is down about ₹2,000 per 10 gram, after hitting a record high of ₹56,200 in August last year.
Gold rates in India today struggled to move higher amid flat global cues. On MCX, gold futures were up 0.14% to ₹48,126 per 10 gram while silver edged 0.07% lower at ₹61,785 per kg. In global markets, gold inched higher despite a risk-on rally in equity markets. A dip in US bond yields from their recent highs supported the precious metal, reducing the opportunity cost.
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