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In the international markets, gold prices were locked in a tight range and stood at $1,763 per ounce, after rising on Monday to the highest since September 23.
Gold prices edged higher on Friday as a slight dip in US bond yields provided support against growing expectations of quicker-than-expected U.S. interest rate hikes.
So far in the year, gold prices have crashed by more than Rs 4,000 thus making the yellow metal still a lucrative instrument for investment.
Gold in the national capital on Tuesday dipped Rs 176 to Rs 45,110 per 10 gram.
Gold, Silver Prices Decline Marginally On Weak Global Cues Gold and silver prices declined marginally on Thursday amid weak trend for the precious metals in the international markets. Updated: August 05, 2021 11:29 am IST In the spot market, fine gold with purity of 24 carat was priced at Rs 48,050 per 10 grams. Gold and silver prices declined marginally on Thursday amid weak trend for the precious metals in the international markets. Gold futures for delivery in October declined as much as 0.13 per cent to hit an intraday low of Rs 47,831 on the Multi Commodity Exchange. In the spot mar...