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Good news for gold buyers, gold down by Rs 400: Know More

Amid the fall in the prices of the yellow metal globally, gold fell by Rs 400 to Rs 62,050 per 10 grams in the Delhi bullion market on Tuesday. In the previous trading session, gold had closed at Rs 62,450 per 10 grams.

“Gold prices are struggling to gain momentum and are trading below multi-month highs hit last week as Treasury yields rose and the Israel-Hamas conflict continues to loom large,” said Soumil Gandhi, senior commodities analyst at HDFC Securities. However, silver jumped by Rs 300 to Rs 75,500 per kg.

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