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"Spot gold prices for 24-carat gold in Delhi fell by Rs 176 in line with decline in COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.
The price of gold increased in the domestic market by Rs 100 per tola to become 97,800 per tola today. The yellow metal was traded at Rs 97,700 per tola yesterday.
The continued strength of the dollar today is presumably the reason why gold is falling further.” “Weaker US economic data appear to be behind the firm US currency – consumer confidence declined ...
The price of the precious yellow metal differs daily due to factors like state taxes, making charges, and excise duty ...
Gold closed Tuesday below the rising trendline support at $1,820.25, confirming a two-week old pennant breakdown. $1,800 – two steps away, FXStreet’s Dhwani Mehta reports. Buy ...