NEW DELHI: Gold prices plummeted Rs 900 to Rs 98,900 per 10 grams in the national capital on Tuesday as the expectations of a ceasefire between Iran and Israel reduced the precious metal’s safe-haven appeal in the global market.
According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 99,800 per 10 grams in the previous market session.
Gold of 99.5 per cent purity depreciated by Rs 800 to Rs 98,300 per 10 grams (inclusive of all taxes). It had finished at Rs 99,100 per 10 grams on Monday.
