Gold Prices Drop Amid Strong US Economic Data

Gold prices have fallen for the third consecutive day, dropping by Rs 900 to Rs 72,650 per 10 grams in Delhi. This decline follows stronger-than-expected US economic data, which bolstered expectations that the US Federal Reserve will maintain higher interest rates.

The global market also saw a decrease, with spot gold trading at USD 2,340 per ounce, down USD 35. Silver prices also fell, dropping Rs 500 to Rs 92,100 per kg.







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