The gold prices fell in India following cues from the global markets.
Asadulla N
The robust dollar value and growing fears of aggressive U.S. interest rates hike have forced the precious metal to lose its shine during today’s trade session.
The yellow metal and dollar share an inverse relationship, an elevated dollar has pressurized investors to either go for cash or offload gold to attend margin calls across other markets.
22 Carat Gold Prices in India for 10 grams as on June 14, 2022 stands at
New Delhi Rs 47,400 Mumbai Rs 47,400 Kolkata Rs 47,400 Chennai Rs 47,550 Bangalore Rs 47,400 Hyderabad Rs 47,400 Kerala Rs 47,400