NEW DELHI: Gold prices declined by Rs 500 to Rs 98,500 per 10 grams in the national capital on Thursday amid weak global cues, according to the All India Sarafa Association.
The yellow metal of 99.5 per cent purity fell Rs 500 to Rs 98,000 per 10 grams (inclusive of all taxes).
“Gold prices continued to correct as easing tariff risks, and a more cautious Federal Reserve dampened safe-haven demand,” Abans Financial Services’ Chief Executive Officer Chintan Mehta said.
