Gold rate today: Yellow metal drops Rs 600 to Rs 99,020 per 10g; Silver plunges Rs 1,000 amid global cues
Gold prices in Delhi plummeted by Rs 600 to Rs 99,020 per 10 grams due to stockist selling and a stronger US dollar. Silver also experienced a significant drop, falling to Rs 1,04,800 per kg. Market anticipates movement based on the upcoming US Personal Consumption Expenditures (PCE) inflation report, influencing safe-haven demand and interest rate cut expectations.
Gold prices in Delhi plummeted by Rs 600 to Rs 99,020 per 10 grams due to stockist selling and a stronger US dollar. Silver also experienced a significant drop, falling to Rs 1,04,800 per kg. Market anticipates movement based on the upcoming US Personal Consumption Expenditures (PCE) inflation report, influencing safe-haven demand and interest rate cut expectations.
